International Flavors And Fragrances Inc Reports 4% Gain In Q3 Earnings

(RTTNews) - International Flavors And Fragrances Inc (IFF) reported earnings for its third quarter that gained ground from last year.

The company said its bottom line advanced to $112.66 million, or $1.39 per share. This was up from $108.02 million, or $1.32 per share, in last year's third quarter.

Analysts had expected the company to earn $1.35 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.1% to $765.09 million. This was down from $773.81 million last year.

International Flavors And Fragrances Inc earnings at a glance:

-Earnings (Q3): $112.66 Mln. vs. $108.02 Mln. last year. -Earnings Growth (Y-o-Y): 4.3% -EPS (Q3): $1.39 vs. $1.32 last year. -EPS Growth (Y-o-Y): 5.3% -Analysts Estimate: $1.35 -Revenue (Q3): $765.09 Mln vs. $773.81 Mln last year. -Revenue Change (Y-o-Y): -1.1%