International Flavors & FragrancesNYSE: IFF

IFF anticipates that its sales for 2024 will be between $11.3 billion and $11.4 billion, which is an increase from the earlier estimate of $11.1 billion to $11.3 billion.

While the revenue and earnings per share (EPS) for International Flavors (IFF) provide insight into its performance for the quarter ending September 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) has announced its financial results for the third quarter that ended on September 30, 2024. For the third quarter of 2024, the company reported sales of $2.9 billion, an income before taxes of $95 million, and earnings per share (EPS) of $0.23. Additionally, the operating EBITDA was $568 million, resulting in an operating EBITDA margin of 19.4% and an EPS of $1.04 when excluding amortization.

IFF's results for the third quarter are expected to show the effects of their initiatives to improve productivity and reduce expenses.

To better understand how International Flavors (IFF) might perform for the quarter ending in September 2024, look beyond Wall Street's basic profit and loss predictions. Instead, focus on the estimates for some important metrics. This will give you a clearer picture of the company's potential performance.

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NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE:IFF) has announced that it will share its third quarter 2024 earnings results after the market closes on Tuesday, November 5, 2024. The management team will hold a live webcast on Wednesday, November 6, 2024, at 9:00 a.m. ET to discuss the results and future expectations with investors. Those interested can find the live webcast and presentation on the company's website at ir.iff.com, and a recorded version will be available for those who cannot attend live.

Companies in the Zacks Consumer Products - Staples sector have been benefiting from steady demand for necessary items, and they are also making progress through strategies like innovation and improving their product range. Strong cost-saving measures have been helping businesses like KMB, IFF, OLLI, and NWL.

Is International Flavors (IFF) a strong choice for momentum investors? Let's take a closer look.