Sensient Technologies Q3 revenue rises on higher prices, volume
Overview
Flavors and colors provider's Q3 revenue grew 10.6% yr/yr, slightly missed analyst expectations
Adjusted EPS for Q3 beat analyst expectations
Company's revenue growth driven by higher prices and volume, especially in Color segment
Outlook
Company expects high single-digit to low double-digit local currency revenue growth for 2026
Company sees mid-teen to high teen growth in local currency adjusted EBITDA for 2026
Sensient forecasts 2026 GAAP diluted EPS between $4.15 and $4.20
Result Drivers
FLAVORS & EXTRACTS - Revenue growth driven by higher prices and volume, per company
COLOR SEGMENT - Strong volume growth drove revenue increase, per company
ASIA PACIFIC - Strong volume growth and higher prices contributed to revenue gains, per company
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Slight Miss* | $455.84 mln | $459.005 mln (4 Analysts) |
Q3 Adjusted EPS | Beat | $1.13 | $1.09 (3 Analysts) |
Q3 EPS | $1.13 | ||
Q3 Net Income | $48.34 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the specialty chemicals peer group is "buy"
Wall Street's median 12-month price target for Sensient Technologies Corporation is $145.46, about 10.6% above its October 29 closing price of $131.53
The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 28 three months ago
Reuters Recommended Reads
Oct 28 - Germany's Symrise Q3 organic sales rise 5.3% on higher volumes
Oct 27 - PPG Q3 revenue beats analyst estimates, led by aerospace, Latam coatings
Oct 29 - Germany's Wacker Chemie's Q3 core profit nearly doubles on cost cuts; keeps outlook
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)