NYSE$SXT
Sensient Technologies Corp · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Sensient reported an increase in revenue and operating income, driven by Flavors & Extracts Group's strong performance, while growth in food and pharmaceutical color sales was offset by lower personal care revenue.
Sensient Technologies Corporation reported consolidated revenue of $323.6 million, a 1.9% increase compared to the previous year. Operating income rose to $41.2 million, and diluted earnings per share reached 78 cents. The Flavors & Extracts Group showed strong revenue and profit growth, while the Color Group faced challenges due to lower personal care revenue.
- Consolidated revenue increased by 1.9% to $323.6 million.
- Operating income rose by 6.1% to $41.2 million.
- Diluted earnings per share increased to 78 cents, up from 75 cents in the previous year.
- Flavors & Extracts Group reported a revenue increase of 9.1%.
Headline financials
Revenue & EPS history
Sensient · Revenue · Quarterly
$324M
Revenue by segment
Sensient · $330M total across 3 segments · Q3 2020
- Flavors & Extracts$183M+9.1%55.4%
- Color$116M-8.3%35.3%
- Asia Pacific$30.7M+2.0%9.3%
Forward guidance
The Company reconfirms its previously issued diluted earnings per share guidance for 2020 of $2.10 to $2.35. The Company also reconfirms its previously issued 2020 adjusted diluted earnings per share guidance of $2.60 to $2.80, which excludes divestiture & other related costs, operational improvement plan costs, the results of the operations divested and to be divested, and foreign currency impacts.
Tailwinds
- Reconfirms diluted earnings per share guidance for 2020 of $2.10 to $2.35.
- Reconfirms adjusted diluted earnings per share guidance of $2.60 to $2.80.
- Confirms low to mid-single digit revenue growth in 2020 on a local currency basis, excluding divested revenues.
- Expects 2020 Adjusted EBITDA to grow at a low to mid-single digit rate.
- Adjusted Operating Income is expected to be flat to down at a low-single digit rate on a local currency basis.
Headwinds
- Full year guidance includes approximately 5 cents of foreign currency headwinds.
- Adjusted Operating Income will be impacted by higher non-cash performance-based compensation.
- The full impacts of the ongoing COVID-19 pandemic remain uncertain.
- Guidance is based upon current trends and the effects of COVID-19 to date.
- COVID-19 pandemic may impact the business.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
-0.2%
Avg return
Earnings day
+0.2%
Avg return
5 days after
+0.3%
Avg return
30 days after
49%
34 / 69 earnings
Positive
+24.6%
Q1 2026
Best reaction
-16.1%
Q3 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +24.6% | +21.5% | +15.2% | |
| Q4 2025 | -5.0% | -6.4% | -9.0% | |
| Q3 2025 | +2.8% | +7.1% | +8.6% | |
| Q2 2025 | -4.3% | -5.7% | -11.9% | |
| Q1 2025 | +13.5% | +17.2% | +17.2% | |
| Q4 2024 | -7.5% | -9.0% | -4.8% | |
| Q3 2024 | +2.2% | -0.3% | +1.5% | |
| Q2 2024 | -2.8% | -3.1% | -6.4% | |
| Q1 2024 | +4.4% | +5.8% | +8.4% | |
| Q4 2023 | -4.2% | -3.0% | +8.9% | |
| Q3 2023 | +1.0% | -1.2% | +8.1% | |
| Q2 2023 | -7.3% | -5.1% | -15.6% | |
| Q1 2023 | +2.8% | +2.4% | -1.6% | |
| Q4 2022 | +6.0% | +9.1% | -3.3% | |
| Q3 2022 | -6.6% | -1.8% | +4.2% | |
| Q2 2022 | -1.0% | +1.1% | +2.6% | |
| Q1 2022 | +0.6% | +3.1% | +3.1% | |
| Q4 2021 | -3.8% | -2.8% | -9.7% | |
| Q3 2021 | +4.9% | +4.4% | +10.8% | |
| Q2 2021 | +6.0% | +5.5% | +5.8% | |
| Q1 2021 | +2.2% | +1.4% | +6.6% | |
| Q4 2020 | -3.0% | -0.9% | +3.8% | |
| Q3 2020 | +7.5% | +8.8% | +14.2% | |
| Q2 2020 | -3.5% | -4.0% | -2.7% | |
| Q1 2020 | +2.2% | -0.4% | +7.2% | |
| Q4 2019 | -10.4% | -9.0% | -25.7% | |
| Q3 2019 | -9.2% | -7.1% | -5.6% | |
| Q2 2019 | -2.9% | -0.7% | -6.1% | |
| Q1 2019 | +1.3% | +4.1% | -3.5% | |
| Q4 2018 | +1.3% | +3.1% | +6.5% | |
| Q3 2018 | -16.1% | -17.5% | -13.9% | |
| Q2 2018 | -7.6% | -7.9% | -4.2% | |
| Q1 2018 | +1.1% | -0.8% | +1.7% | |
| Q4 2017 | -1.1% | +0.8% | +8.5% | |
| Q3 2017 | +0.6% | -1.7% | -4.1% | |
| Q2 2017 | -7.2% | -7.1% | -11.3% | |
| Q1 2017 | +1.5% | -0.4% | -2.1% | |
| Q4 2016 | +2.0% | +2.5% | +2.5% | |
| Q3 2016 | +1.2% | +2.0% | +5.3% | |
| Q2 2016 | +6.2% | +4.0% | +3.4% | |
| Q1 2016 | +1.1% | — | — | |
| Q4 2015 | -6.6% | — | — | |
| Q3 2015 | -0.2% | — | — | |
| Q2 2015 | -2.6% | — | — | |
| Q1 2015 | +1.9% | — | — | |
| Q4 2014 | +0.4% | — | — | |
| Q3 2014 | +1.6% | — | — | |
| Q2 2014 | +2.9% | — | — | |
| Q1 2014 | -0.7% | — | — | |
| Q4 2013 | +0.3% | — | — | |
| Q3 2013 | +7.3% | — | — | |
| Q2 2013 | -1.0% | — | — | |
| Q1 2013 | +3.2% | — | — | |
| Q4 2012 | -1.7% | — | — | |
| Q3 2012 | -5.2% | — | — | |
| Q2 2012 | -3.6% | — | — | |
| Q1 2012 | +0.9% | — | — | |
| Q4 2011 | -0.3% | — | — | |
| Q3 2011 | -3.8% | — | — | |
| Q2 2011 | -2.9% | — | — | |
| Q1 2010 | +3.1% | — | — | |
| Q1 2011 | +1.0% | — | — | |
| Q4 2010 | +0.6% | — | — | |
| Q3 2010 | -1.2% | — | — | |
| Q3 2009 | -1.2% | — | — | |
| Q2 2009 | -0.2% | — | — | |
| Q2 2010 | -0.2% | — | — | |
| Q4 2008 | -0.2% | — | — | |
| Q4 2009 | -0.2% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro