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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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.