IFF Reports First Quarter 2024 Results

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International Flavors & Fragrances (IFF) PT Raised to $110 at Jefferies

May 8, 2024 11:14 AM EDT

Jefferies analyst Laurence Alexander raised the price target on International Flavors & Fragrances (NYSE: IFF) to $110.00 (from $102.00) while maintaining a Buy rating.

The analyst comments "CPG end markets remain soft, though aggressive destocking last year has kept downstream volumes tight with demand largely hand-to-mouth. Accountability, value-based... More

IFF (IFF) Tops Q1 EPS by 27c, Offers Guidance

May 6, 2024 4:19 PM EDT

IFF (NYSE: IFF) reported Q1 EPS of $1.13, $0.27 better than the analyst estimate of $0.86. Revenue for the quarter came in at $2.9 billion versus the consensus estimate of $2.78 billion.

GUIDANCE:

IFF sees FY2024 revenue of $10.8-11.1 billion, versus the consensus of $11.05... More