Latest news with #InternationalFlavorsFragrances
Yahoo
5 days ago
- Business
- Yahoo
International Flavors & Fragrances Earnings Preview: What to Expect
With a market cap of $18.8 billion, International Flavors & Fragrances Inc. (IFF) is a global leader in high-value ingredients and solutions serving the food and beverage, health and wellness, home and personal care, and pharmaceutical markets. Operating through four main business units: Nourish; Scent; Health & Biosciences;, and Pharma Solutions, IFF delivers innovative, biotechnology-driven products across a broad range of applications worldwide. The New York-based company is slated to announce its fiscal Q2 2025 earnings results after the market closes on Tuesday, Aug. 5. Ahead of this event, analysts expect IFF to report an adjusted EPS of $1.10, a 5.2% decline from $1.16 in the year-ago quarter. It has exceeded Wall Street's earnings expectations in three of the past four quarters while missing on another occasion. More News from Barchart Dear Nvidia Stock Fans, Mark Your Calendars for July 16 How to Buy Tesla for a 13% Discount, or Achieve a 26% Annual Return Retirement Ready: 3 Dividend Stocks to Set and Forget Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For fiscal 2025, analysts forecast the ingredients producer to report adjusted EPS of $4.24, marking a decrease of 1.6% from $4.31 in fiscal 2024. However, adjusted EPS is anticipated to grow 7.3% year-over-year to $4.55 in fiscal 2026. Over the past 52 weeks, shares of IFF have dropped 24.8%, underperforming the broader S&P 500 Index's ($SPX) 10.3% gain and the Materials Select Sector SPDR Fund's (XLB) 3.5% decline over the same time frame. Despite beating Q1 2025 estimates with adjusted EPS of $1.20 and revenue of $2.8 billion on May 6, IFF shares fell 7.1% the next day. The company reported a steep GAAP loss of $3.98 per share due to one-time items, and Food Ingredients, a key unit of the newly split Nourish segment, saw a 7% sales decline. Additionally, the Health & Biosciences segment delivered flat EBITDA at $138 million, missing the expectation, and the Scent segment saw a 14.3% drop in EBITDA. Analysts' consensus view on IFF stock is cautiously optimistic, with a "Moderate Buy" rating overall. Among 19 analysts covering the stock, 13 suggest a "Strong Buy," two give a "Moderate Buy," three recommend a "Hold," and one has a "Strong Sell" rating. As of writing, the stock is trading below the average analyst price target of $89.53. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Bloomberg
16-07-2025
- Business
- Bloomberg
Secretive Family Behind Tetra Pak Bets $9 Billion on Stocks
By Updated on Save A mysterious entity based in the heart of Singapore's financial district emerged as the biggest shareholder in International Flavors & Fragrances Inc. nine years ago. It turned out that the owner was the Rausing family, which hails from Sweden and made a fortune from Tetra Pak cartons. It's now also clear that the stake was one of the first public disclosures about how the media-shy clan deploys its billions.
Bloomberg
15-07-2025
- Business
- Bloomberg
Secretive Tetra Pak Family Quietly Pours $9 Billion Into Stocks
A mysterious entity based in the heart of Singapore's financial district emerged as the biggest shareholder in International Flavors & Fragrances Inc. nine years ago. It turned out that the owner was the Rausing family, which hails from Sweden and made a fortune from Tetra Pak cartons. It's now also clear that the stake was one of the first public disclosures about how the media-shy clan deploys its billions.
