IFF 3Q Lags Estimate
International Flavors & Fragrances Inc.(NYSE:IFF) reported encouraging results for the third quarter of fiscal 2011. Adjusted earnings per share in the quarter increased 2% year over year to $1.00 compared with 98 cents in the year-ago quarter. Results in the reported quarter, however, were 4 cents below the Zacks Consensus Estimate of $1.04 per share. [...]
International Flavors & Fragrances Inc.(NYSE:IFF) reported encouraging results for the third quarter of fiscal 2011. Adjusted earnings per share in the quarter increased 2% year over year to $1.00 compared with 98 cents in the year-ago quarter. Results in the reported quarter, however, were 4 cents below the Zacks Consensus Estimate of $1.04 per share.
GAAP EPS, including restructuring expenses, in the quarter was $1.00 versus 95 cents in the year-ago quarter.
Revenue
Net sales in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards