Sensient Technologies (SXT) Reports In-Line Q2 EPS, Revenues Beat; Lowers FY18 EPS Outlook Below Consensus

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Sensient Technologies Corporation Reports Results for the Quarter Ended June 30, 2018

July 20, 2018 6:55 AM EDT

MILWAUKEE--(BUSINESS WIRE)-- Sensient Technologies Corporation (NYSE: SXT) reported earnings per share of 92 cents in the second quarter of 2018 compared to 69 cents in the second quarter of 2017. Revenue was $363.0 million in this years second quarter compared to $338.5 million in last years second quarter. Operating income was $52.2 million in the second quarter of 2018 and $44.4 million in last years second quarter.

For the six months ended June 30, 2018 and 2017, earnings per share were $1.81 and 99 cents, respectively. Revenue was $719.5 million for the first six months of 2018 and $679.9 million for the first six months of 2017. Operating... More