International Flavors: Q3 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — International Flavors & Fragrances Inc. (IFF) on Tuesday reported a loss of $55 million in its third quarter.

The New York-based company said it had a loss of 22 cents per share. Earnings, adjusted for one-time gains and costs, were 83 cents per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share.

The ingredients producer for food, cosmetics and consumer products industries posted revenue of $1.94 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $1.92 billion.

International Flavors expects full-year revenue in the range of $7.5 billion to $7.6 billion.

_____

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