Sensient Technologies (SXT) Tops Q1 EPS by 1c; Reaffirms FY19 EPS Guidance Above Consensus

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Sensient Technologies Corporation Reports Results for the Quarter Ended March 31, 2019

May 1, 2019 6:55 AM EDT

MILWAUKEE--(BUSINESS WIRE)-- Sensient Technologies Corporation (NYSE: SXT) reported earnings per share of 78 cents in the first quarter of 2019 compared to 89 cents in last years first quarter. Revenue was $347.5 million in this years first quarter compared to $356.5 million in the comparable period last year. Operating income was $49.4 million in the first quarter of 2019 and $55.7 million in last years first quarter. Foreign currency translation decreased revenue, operating income, and earnings per share by approximately 3% in the quarter.

The reported results include the impact of foreign currency, which is described in more detail under... More