INTERNATIONAL FLAVORS & FRAGRANCES Q3 EPS beats expectations by $0.03

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International Flavors & Fragrances ($NYSE:IFF) Inc. is a leading provider of flavors and fragrances used in a wide variety of consumer products. We’re thrilled to announce that our Non-GAAP EPS for Q3 came in at $1. 36, beating expectations by $0. 03. This is a great accomplishment for our team and a testament to the hard work and dedication of our employees.

IFF has a long history of delivering innovative and differentiated solutions to our customers. Our Q3 results are a reflection of this commitment, as well as the continued execution of our strategic initiatives. We’re confident that we can continue to deliver strong results and create value for our shareholders.

Earnings

The company also reported net income of $633 million, a 136.2% increase from the previous year. The company’s strong performance in the latest quarter is indicative of its continued growth and success. IFF is a leading global provider of flavors and fragrances, with a portfolio of iconic brands and products that are enjoyed by people around the world.

The company’s products are used in a wide range of consumer goods, including food, beverage, personal care, and home care products. IFF has a strong presence in both developed and emerging markets, and is well-positioned to continue its growth trajectory in the years ahead.

Price History

On Monday, Shares of INTERNATIONAL FLAVORS & FRAGRANCES Inc. opened at $96.1 and closed at $96.2, up 1.4% from its previous close of $94.8.

VI Analysis

According to the VI app, INTERNATIONAL FLAVORS & FRAGRANCES has strong fundamentals that reflect its long-term potential. The company has a high health score of 8/10, indicating that it is capable of safely riding out any crisis without the risk of bankruptcy. Additionally, INTERNATIONAL FLAVORS & FRAGRANCES is classified as a “cheetah,” a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. Investors interested in INTERNATIONAL FLAVORS & FRAGRANCES may be attracted to its strong asset base, dividend growth, and overall growth potential.

However, they should be aware that the company is only medium-sized in terms of profitability.

VI Peers

The company has a long history dating back to 1884 and has a strong portfolio of over 5,000 products. Koninklijke DSM NV, Ashland Global Holdings Inc, and Chr. Hansen Holding A/S are all major competitors in the flavors and fragrances industry.

– Koninklijke DSM NV ($LTS:0NPP)

Koninklijke DSM NV is a Dutch multinational chemical company headquartered in Heerlen, Netherlands. The company produces a wide range of products, including chemicals, materials, and food and nutrition products. DSM has operations in over 50 countries and employs approximately 22,000 people.

DSM’s market cap as of 2022 is 20.77B. The company’s ROE is 6.75%. DSM is a multinational chemical company that produces a wide range of products, including chemicals, materials, and food and nutrition products. The company has operations in over 50 countries and employs approximately 22,000 people.

– Ashland Global Holdings Inc ($NYSE:ASH)

Ashland Global Holdings Inc is a publicly traded company with a market capitalization of 5.33 billion as of 2022. The company has a return on equity of 4.57%. Ashland Global Holdings Inc is a diversified chemical company that produces and markets specialty chemicals for customers in a range of industries worldwide. The company operates in three segments: Ashland Specialty Ingredients, Ashland Performance Materials, and Valvoline.

– Chr. Hansen Holding A/S ($LTS:0MR6)

Chr. Hansen is a biotechnology company that produces and sells natural ingredients for the food, beverage, dietary supplement, and agricultural industries. The company has a market cap of 55.93B as of 2022 and a return on equity of 19.79%. Chr. Hansen was founded in 1874 and is headquartered in Hørsholm, Denmark.

Summary

Investing in INTERNATIONAL FLAVORS & FRAGRANCES can be a smart move for investors looking for exposure to the consumer goods sector. The company has a strong track record of delivering shareholder value, and its products are in high demand around the world. INTERNATIONAL FLAVORS & FRAGRANCES has a diversified product portfolio that includes some of the world’s best-known brands.

The company has a strong presence in emerging markets, which is helping to drive growth. The company’s shares are trading at a reasonable valuation, making it an attractive investment option.