Sensient Technologies (SXT) Tops Q1 EPS by 5c

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Sensient Technologies Corporation Reports Results for the Quarter Ended March 31, 2022

April 29, 2022 6:55 AM EDT

Sensient Raises 2022 Guidance Based on Strong First Quarter Results and Favorable Outlook

MILWAUKEE--(BUSINESS WIRE)-- Sensient Technologies Corporation (NYSE: SXT) reported consolidated revenue of $355.5 million in this years first quarter compared to $359.7 million in last years first quarter. Reported operating income in the first quarter of 2022 was $52.8 million compared to $46.9 million in the first quarter of 2021. Reported diluted earnings per share was 88 cents in the first quarter of 2022 compared to 75 cents in the first quarter of 2021. Foreign currency translation decreased revenue by approximately 2% and earnings per share by... More