Investing.com - IFF reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
IFF announced earnings per share of $1.36 on revenue of $3.06B. Analysts polled by Investing.com anticipated EPS of $1.33 on revenue of $3.1B.
IFF shares are up 6% from the beginning of the year and are trading at $95.50 , down-from-52-week-high.
IFF shares lost 0.71% in after-hours trade following the report.
IFF follows other major Materials sector earnings this month
IFF's report follows an earnings missed by Air Liquide ADR on Tuesday, October 25, 2022, who reported EPS of $0.5852 on revenue of $8.21B, compared to forecasts EPS of $0.6056 on revenue of $7.25B.
Vale ADR had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $0.98 on revenue of $9.93B, compared to forecast for EPS of $0.6671 on revenue of $10.74B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar