IFF Reports Fourth Quarter and Full Year 2023 Results

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Go back to IFF Reports Fourth Quarter and Full Year 2023 Results

Deutsche Bank Closes Catalyst Call on International Flavors & Fragrances (IFF)

February 22, 2024 5:09 AM EST

Deutsche Bank analyst David Begleiter reiterated a Buy rating and $90.00 price target on International Flavors & Fragrances (NYSE: IFF)

The analyst comments "We are closing our short-term Buy catalyst call on IFF as the catalyst events we identified (the sale of Pharma... More

International Flavors & Fragrances (IFF) dips 7% after 50% dividend cut, earnings miss

February 21, 2024 3:53 AM EST

Shares of International Flavors & Fragrances (NYSE: IFF) fell more than 7% in after-hours trading Tuesday after the company missed earnings expectations for the fiscal fourth quarter and announced a significant dividend cut.

The FQ4 earnings per share (EPS) were reported at $0.72, missing the consensus estimates of $0.78. Revenue came in at $2.7 billion, just... More