BofA Securities analyst Salvator Tiano has upgraded International Flavors & Fragrances (IFF) to a ‘Buy’ rating, citing strong recent performance, an improved product pipeline, and attractive valuation. Tiano believes the company’s focus on innovation and deleveraging will drive growth in the coming years.
Intl Flavors & Fragrances (IFF) is set to release its quarterly earnings on Tuesday, November 5th, 2024. Analysts anticipate an earnings per share (EPS) of $1.08. Investors will be closely watching for guidance, as it can significantly impact stock prices. This article provides an in-depth look at IFF’s historical earnings performance, analyst expectations, and key financial indicators.
International Flavors (IFF) is showing strong momentum, with recent price gains outperforming its industry and the broader market. The company’s earnings estimates are also trending upwards, making it a potential investment opportunity for those seeking short-term gains.
International Flavors & Fragrances Inc. (IFF) stock hit a new 52-week high, driven by strong demand for flavors and fragrances, a focus on emerging markets, and improved business performance. The company is also streamlining operations and focusing on core businesses, enhancing shareholder value.
The European Union has fined International Flavors & Fragrances (IFF) €15.9 million for obstructing a cartel probe after an employee deleted WhatsApp messages. The company deleted the messages after being notified of an inspection, but later helped recover the data. The EU’s antitrust regulator is investigating several fragrance companies, including IFF, for suspected price fixing.
