Sensient Technologies Corporation (SXT) reported first quarter adjusted earnings per share of $0.77 compared to $0.72, last year, an improvement of 6.9%. Analysts polled by Thomson Reuters expected the company to report profit per share of $0.74, for the quarter. Analysts' estimates typically exclude special items.
First quarter reported operating income was $46.9 million compared to $34.6 million, last year. Reported earnings per share was $0.75 compared to $0.49.
First quarter consolidated revenue was $359.7 million compared to $350.7 million, a year ago. Adjusted revenue was $334.13 million, up 6.4%. Analysts expected revenue of $314.78 million, for the quarter.
Sensient reconfirmed its 2021 guidance for GAAP earnings per share to grow at a mid to high single digit growth rate. The company also reconfirmed its 2021 adjusted local currency revenue to grow at a low to mid-single digit rate and adjusted local currency EBITDA to grow at a mid-single digit rate. The company continues to project, on a local currency basis, 2021 adjusted earnings per share to grow at a mid-single digit growth rate.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.