WASHINGTON (dpa-AFX) - International Flavors And Fragrances Inc (IFF) revealed a profit for its fourth quarter that increased from last year.
The company said its bottom line totaled $111.31 million, or $1.40 per share. This was up from $97.82 million, or $1.22 per share, in last year's fourth quarter.
Analysts had expected the company to earn $1.31 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 12.1% to $854.63 million. This was up from $762.56 million last year.
International Flavors And Fragrances Inc earnings at a glance:
-Earnings (Q4): $111.31 Mln. vs. $97.82 Mln. last year. -Earnings Growth (Y-o-Y): 13.8% -EPS (Q4): $1.40 vs. $1.22 last year. -EPS Growth (Y-o-Y): 14.8% -Analysts Estimate: $1.31 -Revenue (Q4): $854.63 Mln vs. $762.56 Mln last year. -Revenue Change (Y-o-Y): 12.1%
Copyright RTT News/dpa-AFX