Sensient Technologies (SXT) Misses Q2 EPS by 7c

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Sensient Technologies Corporation Reports Results for the Quarter Ended June 30, 2023

July 21, 2023 6:55 AM EDT

MILWAUKEE--(BUSINESS WIRE)-- Sensient Technologies Corporation (NYSE: SXT) reported consolidated revenue of $374.3 million in this years second quarter compared to $371.7 million in last years second quarter. Reported operating income in the second quarter of 2023 was $51.6 million compared to $55.2 million in the second quarter of 2022. Reported diluted earnings per share was 81 cents in the second quarter of 2023 compared to 92 cents in the second quarter of 2022. Foreign currency translation increased revenue by approximately 1% in the quarter and did not have a material impact on earnings per share in the current... More