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

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

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

IFF (IFF) Misses Q4 EPS by 6c; offers guidance

February 20, 2024 4:20 PM EST

IFF (NYSE: IFF) reported Q4 EPS of $0.72, $0.06 worse than the analyst estimate of $0.78. Revenue for the quarter came in at $2.7 billion versus the consensus estimate of $2.69 billion.

GUIDANCE:

IFF sees FY2024 revenue of $10.8-11.1 billion, versus the consensus of... More