NYSE$SXT

Sensient Technologies Corp · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Sensient reported a revenue increase of 4.9% and EPS of 85 cents, with reaffirmed 2022 guidance.

Sensient Technologies Corporation reported consolidated revenue of $361.1 million, an increase from $344.3 million in the third quarter of the previous year. The company's operating income rose to $47.5 million, and diluted earnings per share increased to 85 cents. Sensient reaffirmed its 2022 guidance, expecting high-teen growth in GAAP diluted earnings per share.

  • Consolidated revenue increased to $361.1 million compared to $344.3 million in the prior year.
  • Operating income reached $47.5 million, up from $47.0 million in the third quarter of 2021.
  • Diluted earnings per share rose to 85 cents, compared to 80 cents in the same quarter last year.
  • Sensient reaffirmed its full-year 2022 GAAP diluted earnings per share growth expectation.

Headline financials

Total Revenue

$361M

Previous: $344M+4.9%
EPS (adj)

$0.85

Previous: $0.85+0.0%
Total Revenue Change

4.9%

Previous: 6.4%-23.4%
Flavors & Extracts Revenue Change

3.0%

Previous: -0.7%+528.6%
Color Revenue Change

8.8%

Previous: 19.6%-55.1%
Asia Pacific Revenue Change

5.3%

Previous: 8.8%-39.8%
Capital Expenditures

-$51.7M

Previous: -$37.6M-37.5%
Free Cash Flow

-$15.7M

Previous: -$3.7M-323.6%
Net Income

$36M

Previous: $33.9M+6.3%
Operating Income

$47.5M

Previous: $47M+1.1%
Gross Profit

$122M

Previous: $115M+5.8%
Cash & Equivalents

$46.6M

Previous: $32.9M+41.4%
Total Assets

$1.84B

Previous: $1.73B+6.4%
Stock-Based Comp

$3.79M

Previous: $2.24M+68.7%

Revenue & EPS history

Sensient · Revenue · Quarterly

$361M

Q3 2022+4.9%vs Q3 2021
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Sensient · $374M total across 3 segments · Q3 2022

  • Flavors & Extracts
    $187M+3.0%
  • Color
    $151M+8.8%
  • Asia Pacific
    $35.2M+5.3%

Forward guidance

Sensient reconfirmed its expectation for 2022 full year GAAP diluted earnings per share to grow at a high-teen growth rate compared to the Company’s 2021 reported GAAP diluted earnings per share of $2.81. The Company continues to expect 2022 revenue to grow at a high single-digit rate in local currency compared to the Company’s 2021 adjusted revenue.

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 2022

Historical avgQ3 2022

-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

Earnings price reactions
QuarterReport dateReaction (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%

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