International Flavors & Fragrances Inc (IFF, Financial) is set to release its Q2 2024 earnings on Aug 6, 2024. The consensus estimate for Q2 2024 revenue is $2,826.26 million, and the earnings are expected to come in at $0.41 per share. The full year 2024's revenue is expected to be $11.17 billion and the earnings are expected to be $1.30 per share. More detailed estimate data can be found on the Estimates page.
International Flavors & Fragrances Inc (IFF, Financial) Estimates Trends
Over the past 90 days, the revenue estimates for International Flavors & Fragrances Inc (IFF) for the full year 2024 have increased from $11.05 billion to $11.17 billion. However, the revenue estimates for 2025 have slightly decreased from $11.34 billion to $11.31 billion. During the same period, earnings estimates for 2024 have declined from $1.47 per share to $1.30 per share, and for 2025, earnings estimates have decreased from $2.43 per share to $2.27 per share.
International Flavors & Fragrances Inc (IFF, Financial) Reported History
In the previous quarter of March 31, 2024, International Flavors & Fragrances Inc's (IFF) actual revenue was $2.90 billion, which beat analysts' revenue expectations of $2.78 billion by 4.28%. International Flavors & Fragrances Inc's (IFF) actual earnings were $0.23 per share, which missed analysts' earnings expectations of $0.29 per share by -21.23%. After releasing the results, International Flavors & Fragrances Inc (IFF) was up by 6.4% in one day.
International Flavors & Fragrances Inc (IFF, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 20 analysts, the average target price for International Flavors & Fragrances Inc (IFF) is $100.41 with a high estimate of $116 and a low estimate of $77. The average target implies an upside of 4.44% from the current price of $96.14.
Based on GuruFocus estimates, the estimated GF Value for International Flavors & Fragrances Inc (IFF, Financial) in one year is $92.75, suggesting a downside of -3.53% from the current price of $96.14.
Based on the consensus recommendation from 23 brokerage firms, International Flavors & Fragrances Inc's (IFF, Financial) average brokerage recommendation is currently 2.4, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
