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Sensient (SXT)
:SXT
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Earnings Data
Report Date
Feb 07, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.64Last Year’s EPS
0.51Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 19, 2018
|% Change Since: -4.35%
|Next Earnings Date:Jul 20, 2018
Earnings Call Sentiment|Positive
The earnings call reflected a strong performance for Sensient Technologies with significant revenue and profit growth across various groups and regions. While the company faces challenges with higher taxes and interest expenses, the overall performance and strategic execution indicate a positive outlook.Company Guidance
During Sensient Technologies Corporation's Q3 2024 earnings call, Paul Manning, the CEO, reported a strong local currency revenue growth of approximately 9%, driven primarily by volume increases with low single-digit price contributions. The company's adjusted EBITDA rose by 13% with an EBITDA margin of 17.6%, up 60 basis points from the prior year. The Color Group led with a 13% revenue increase and a 31% rise in operating profit, achieving an EBITDA margin of 22.2%. The Flavors & Extracts Group also performed well, with 7% revenue growth and a 13% increase in operating profit, while the Asia Pacific Group posted a 13% revenue growth and a 15% increase in operating profit, maintaining a strong EBITDA margin of 23.8%. The company expects continued strong performance in Q4 and has updated its 2024 guidance to high single-digit growth in local currency revenue and adjusted EBITDA, driven by strong sales wins and market stabilization.Strong Local Currency Revenue Growth
Sensient reported a 9% increase in local currency revenue for Q3 2024, primarily driven by volume, with price contributing low single digits.
Increase in Adjusted EBITDA and Margin
Consolidated local currency adjusted EBITDA was up 13% for the third quarter of 2024, with an adjusted EBITDA margin of 17.6%, up 60 basis points from the prior year.
Color Group Performance
The Color Group achieved 13% local currency revenue growth and 31% local currency operating profit growth, with an EBITDA margin of 22.2%, up 250 basis points versus the prior year's third quarter.
Flavors & Extracts Group Growth
The group saw 7% local currency revenue growth and 13% local currency operating profit growth, with an EBITDA margin of 16.4%, up 30 basis points from the prior year.
Asia Pacific Group Success
Reported 13% local currency revenue growth and 15% local currency operating profit growth, with a strong EBITDA margin of 23.8%.
Cash Flow and Debt Management
Cash flow from operations was $136 million for the first nine months of 2024, up 27% compared to the same period last year, with a focus on reducing debt levels.
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SXT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SXT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 25, 2024 | $77.07 | $77.13 | +0.08% |
| Jul 26, 2024 | $79.70 | $75.80 | -4.89% |
| Apr 26, 2024 | $68.50 | $69.21 | +1.04% |
| Feb 08, 2024 | $61.71 | $59.40 | -3.74% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sensient (SXT) report earnings?
Sensient (SXT) is schdueled to report earning on Feb 07, 2025, TBA Not Confirmed.
What is Sensient (SXT) earnings time?
Sensient (SXT) earnings time is at Feb 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SXT EPS forecast?
SXT EPS forecast for the fiscal quarter 2024 (Q4) is 0.64.
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