NYSE$SXT
Sensient Technologies Corp · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Sensient's revenue and operating income increased, driven by solid performance and volume growth.
Sensient Technologies reported a 7.9% increase in revenue to $392.6 million and a 13.4% increase in operating income to $50.5 million for the third quarter ended September 30, 2024. Diluted earnings per share increased by 2.7% to $0.77. The company remains confident in achieving its 2024 guidance.
- Revenue increased by 7.9% to $392.6 million compared to the prior year.
- Operating income rose by 13.4% to $50.5 million, including $1.2 million in Portfolio Optimization Plan costs.
- Diluted earnings per share increased by 2.7% to $0.77.
- Flavors & Extracts, Color, and Asia Pacific groups all reported revenue and operating income growth.
Headline financials
Revenue & EPS history
Sensient · Revenue · Quarterly
$393M
Revenue by segment
Sensient · $373M total across 3 segments · Q3 2023
- Flavors & Extracts$191M+2.1%51.2%
- Color$145M-4.3%38.9%
- Asia Pacific$36.8M+4.4%9.9%
Forward guidance
Sensient expects high single-digit growth in local currency revenue and local currency adjusted EBITDA. Diluted EPS (GAAP) is projected to be between $2.77 and $2.87, which includes approximately 18 cents of Portfolio Optimization Plan costs. Local currency adjusted diluted EPS is expected to see mid-single-digit growth.
Tailwinds
- High single-digit growth in local currency revenue
- High single-digit growth in local currency adjusted EBITDA
- Diluted EPS (GAAP) between $2.77 and $2.87
- Mid-single-digit growth in local currency adjusted diluted EPS
- Solid performance and volume growth
Headwinds
- Guidance is based on current conditions and economic and market trends
- Subject to various risks and uncertainties
- Includes approximately 18 cents of Portfolio Optimization Plan costs in Diluted EPS (GAAP)
- Impact of macroeconomic and geopolitical volatility
- Potential disruptions and delays in the Company’s supply chain
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 2024
-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% | — | — |
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