International Flavors And Fragrances Inc Announces 0% Gain In Q1 Bottom Line

(RTTNews) - International Flavors And Fragrances Inc (IFF) reported a profit for its first quarter that increased compared to the same period last year.

The company said its bottom line came in at $118.51 million, or $1.47 per share. This was higher than $118.44 million, or $1.45 per share, in last year's first quarter.

Analysts had expected the company to earn $1.40 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.1% to $783.31 million. This was up from $774.91 million last year.

International Flavors And Fragrances Inc earnings at a glance:

-Earnings (Q1): $118.51 Mln. vs. $118.44 Mln. last year. -Earnings Growth (Y-o-Y): 0.1% -EPS (Q1): $1.47 vs. $1.45 last year. -EPS Growth (Y-o-Y): 1.4% -Analysts Estimate: $1.40 -Revenue (Q1): $783.31 Mln vs. $774.91 Mln last year. -Revenue Change (Y-o-Y): 1.1%