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Stock impact report

Sensient Technologies Corporation Reports Results for the Quarter Ended December 31, 2019

Sensient Technologies Corp (SXT)  More Company Research Source: Business Wire
Last sensient technologies corp earnings: 2/14 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.sensient.com/investor-overview
PDF MILWAUKEE--(BUSINESS WIRE)--Sensient Technologies Corporation (NYSE: SXT) reported a loss per share of 40 cents in the fourth quarter of 2019 compared to diluted earnings per share of 78 cents in the fourth quarter of 2018. Revenue was $318.6 million in this year’s fourth quarter compared to $324.6 million in the comparable period last year. Operating loss was $14.5 million in the fourth quarter of 2019 compared to operating income of $45.3 million in last year’s fourth quarter. Foreign currency translation did not have a significant impact on revenue, operating income or earnings per share in the quarter.The 2019 reported fourth quarter results include divestiture & other related costs, primarily non-cash impairment charges, which decreased net earnings $43.2 million ($1.02 per diluted share). The 2018 fourth quarter includes an adjustment to the provisional amount recorded in 2017 for the impact of the Tax Cuts and Jobs Act (2017 Tax Legislation), which decreased net earnings $0 [Read more]
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