Sensient Tech Stock Price, News & Analysis

Sensient Technologies Corporation (NYSE: SXT) will hold a conference call on April 29, 2022, at 8:30 a.m. CDT to discuss its Q1 2022 results. Interested participants can join by calling Chorus Call Inc. at (844) 492-3726 or via the webcast link available on Sensient's Investor Information webpage. A replay will be accessible within an hour after the call until May 6, 2022. Sensient Technologies, based in Milwaukee, is a global leader in manufacturing colors, flavors, and specialty ingredients for various industries including food, pharmaceuticals, and cosmetics.

Sensient Technologies Corporation (NYSE: SXT) reported a consolidated revenue of $340.4 million for Q4 2021, marking a 1.7% increase compared to Q4 2020. The company achieved a diluted earnings per share of 65 cents, up from 59 cents in the previous year. The Flavors & Extracts Group saw a 6.1% revenue decrease primarily due to divesting Fragrances, whereas Color and Asia Pacific groups reported double-digit revenue and profit growth. For 2022, Sensient anticipates mid-teen growth in GAAP diluted EPS and mid-single-digit growth in local currency revenue.

Sensient Technologies Corporation (NYSE: SXT) is set to hold its fourth quarter and year-end results conference call on February 11, 2022, at 8:30 a.m. CST. Interested participants can join by calling (844) 492-3726 or (412) 317-1078, or by accessing the webcast via the company's website. A replay of the call will be available after its conclusion until February 18, 2022. Sensient, based in Milwaukee, Wisconsin, specializes in colors, flavors, and specialty ingredients across various industries, serving both small businesses and large manufacturers.

Sensient Technologies Corporation (NYSE: SXT) has declared a regular quarterly cash dividend of $0.41 per share, scheduled for payment on March 1, 2022. Shareholders on record as of February 2, 2022 will be eligible for this dividend. Sensient, a global leader in colors, flavors, and specialty ingredients, serves various industries including food, pharmaceuticals, and personal care. The company is headquartered in Milwaukee, Wisconsin.

Sensient Technologies reported consolidated revenue of $344.3 million in Q3 2021, a 6.4% increase from Q3 2020. Operating income rose to $47.0 million, up from $41.2 million year-over-year. Diluted EPS increased to 80 cents. The Flavors & Extracts segment saw a 0.7% revenue decline, while Color reported a remarkable 19.6% growth. The company reaffirmed its guidance for a mid-to-high single-digit growth in GAAP EPS for 2021. Adjusted local currency revenue is anticipated to grow at a high single-digit rate.

Sensient Technologies Corporation (NYSE: SXT) announces the expansion of its Board of Directors from ten to eleven members, with Sharad Jain set to join effective December 1, 2021. Current director Edward Cichurski will retire following his term expiry at the 2022 annual meeting. Jain brings over 33 years of experience in audit services, having served at PricewaterhouseCoopers. His expertise includes financial oversight and risk management, which is expected to enhance the Board's capabilities in delivering value to shareholders.

The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has announced a quarterly cash dividend of $0.41 per share, reflecting a 5.1% increase. This dividend will be paid on December 1, 2021 to shareholders on record as of November 1, 2021. This increase raises the annualized payout to $1.64 per share, showcasing the company’s confidence in its future, as the quarterly dividend has increased by 37% over the last five years.

Sensient Technologies Corporation (NYSE: SXT) will hold its third quarter 2021 conference call on October 15, 2021, at 8:30 a.m. CDT. Participants can join by calling Chorus Call Inc. at (844) 492-3726 or accessing the webcast on Sensient’s website. A replay will be available from one hour after the call until October 22, 2021, by calling (877) 344-7529. Sensient is a global leader in colors and flavors, serving various industries including food, pharmaceuticals, and cosmetics. The company is headquartered in Milwaukee, Wisconsin.

Sensient Technologies Corporation (NYSE: SXT) reported second-quarter revenue of $335.8 million, up from $323.1 million year-over-year. Operating income decreased to $35.8 million from $42.1 million, with diluted EPS dropping to 61 cents from 72 cents. Foreign currency translation contributed approximately 4% to revenues. The Flavors & Extracts segment saw a 2.3% revenue decline due to a product line divestiture, while the Color and Asia Pacific groups reported increases of 9.8% and 15.9%, respectively. The company reaffirms its 2021 guidance for mid to high single-digit EPS growth.