International Flavors & Fragrances Inc. (IFF), headquartered in New York, produces and markets cosmetic active and natural health ingredients for use in various consumer products. Valued at $21.9 billion by market cap, the company flavors and fragrances are individual ingredients and compounds of a large number of ingredients that are blended, mixed, and reacted together to produce proprietary formulas. The leading global creator of flavors and fragrances is expected to announce its fiscal fourth-quarter earnings for 2024 after the market closes on Tuesday, Feb. 18.
Ahead of the event, analysts expect IFF to report a profit of $0.78 per share on a diluted basis, up 8.3% from $0.72 per share in the year-ago quarter. The company beat the consensus estimates in two of the last four quarters while missing the forecast on two other occasions.
