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International Flavors & Fragrances Q2 Results Top Forecasts, Boosts 2024 Sales Outlook
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International Flavors & Fragrances Q2 Results Top Forecasts, Boosts 2024 Sales Outlook
Aug 6, 2024 2:05 PM

04:46 PM EDT, 08/06/2024 (MT Newswires) -- International Flavors and Fragrances ( IFF ) Tuesday night reported Q2 adjusted net income of $1.16 per diluted share compared with $0.86 a year earlier.

Analysts polled by Capital IQ expected $0.96.

Revenue for the quarter ended June 30 was $2.89 billion, compared with $2.93 billion a year earlier.

Analysts expected $2.83 billion.

For 2024, the company is now projecting sales in a range of $11.1 billion to $11.3 billion compared with a prior forecast expecting $10.8 billion to $11.1 billion.

Analysts are looking for $11.17 billion.

Price: 99.39, Change: +2.91, Percent Change: +3.02

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