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
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.