Investing.com - IFF reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
IFF announced earnings per share of $1.5 on revenue of $3.09B. Analysts polled by Investing.com anticipated EPS of $1.48 on revenue of $2.98B.
IFF shares are up 36% from the beginning of the year and are trading at $148.20 , down-from-52-week-high.They are outperforming the S&P 500 which is up 17.92% from the start of the year.
IFF follows other major Materials sector earnings this month
IFF's report follows an earnings matched by Vale ADR on Thursday, July 29, 2021, who reported EPS of $1.48 on revenue of $16.68B, compared to forecasts EPS of $1.48 on revenue of $16.83B.
Air Liquide ADR had missed expectations on Thursday, July 29, 2021 with second quarter EPS of $0.6245 on revenue of $6.55B, compared to forecast for EPS of $0.6306 on revenue of $6.48B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar