Sensient Technologies (SXT) said, for 2026, it now expects high single-digit to double-digit growth in local currency adjusted EPS, updated from prior guidance of mid-single-digit to high single-digit growth. The company now expects high single-digit to double-digit growth in local currency revenue, revised from prior outlook of mid-single-digit to double-digit growth.
First quarter bottom line totaled $44.17 million, or $1.04 per share. This compares with $34.46 million, or $0.81 per share, last year. Adjusted diluted earnings per share was $1.04 compared to $0.86. Local currency adjusted EPS increased 14.0% in the first quarter. Reported revenue increased 11.1% to $435.8 million. On a local currency basis, revenue increased 7.2%.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.