07:54 AM EDT, 07/26/2024 (MT Newswires) -- Sensient Technologies ( SXT ) reported Q2 adjusted earnings Friday of $0.77 per diluted share, down from $0.81 a year earlier.

Analysts polled by Capital IQ expected $0.82.

Revenue for the quarter ended June 30 was $403.5 million, up from $374.3 million a year earlier.

Analysts surveyed by Capital IQ expected $398 million.

The manufacturer of specialty ingredients said it now expects full-year 2024 adjusted diluted EPS to grow at mid-single-digit compared with low to mid-single-digit growth previously. Analysts polled by Capital IQ expect $3.03.

Revenue for the year is now expected to increase at a mid- to high-single-digit rate, compared with mid-single-digit growth previously anticipated, the company said. Analysts surveyed by Capital IQ expect $1.53 billion.

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