Sensient Technologies (SXT) Reports In-Line Q4 EPS

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Sensient Technologies Corporation Reports Results for the Quarter and Year Ended December 31, 2018

February 15, 2019 6:55 AM EST

MILWAUKEE--(BUSINESS WIRE)-- Sensient Technologies Corporation (NYSE: SXT) reported earnings per share of 78 cents in the fourth quarter of 2018 compared to 31 cents in last years fourth quarter. Revenue was $324.6 million in this years fourth quarter compared to $328.9 million in the comparable period last year. Operating income was $45.3 million in the fourth quarter of 2018 and $47.4 million in last years fourth quarter. Foreign currency translation decreased revenue and operating income by approximately 2% and earnings per share by approximately 6% in the fourth quarter.

For the year ended December 31, 2018, earnings per share were $3.70 compared to $2.03... More