With a market cap of around $27 billion, International Flavors & Fragrances Inc. (IFF) operates in the specialty chemicals sector. It provides high-value ingredients and solutions for the food, beverage, personal care, and health & wellness industries. The New York-based company is scheduled to release its fiscal Q3 earnings results on Monday, Nov. 4.
Ahead of this event, analysts expect the food ingredients maker to report a profit of $1.05 per share, up nearly 18% from $0.89 per share in the previous year's quarter. The company has surpassed Wall Street's bottom-line estimates in three of the past four quarters while missing on another occasion. IFF exceeded the consensus EPS estimate by 14.9% in the most recent quarter.
