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International Flavors: Q2 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — International Flavors & Fragrances Inc. (IFF) on Tuesday reported second-quarter net income of $50 million.

The New York-based company said it had net income of 20 cents per share. Earnings, adjusted for one-time gains and costs, were 82 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.

The ingredients producer for food, cosmetics and consumer products industries posted revenue of $1.95 billion in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $2.68 billion.

International Flavors expects full-year revenue in the range of $7.4 billion to $7.6 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IFF at https://www.zacks.com/ap/IFF

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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