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International Flavors: 2Q Earnings Snapshot

Aug 05, 2019 - Associated Press Financial Wire

NEW YORK (AP) _ International Flavors & Fragrances Inc. (IFF) on Monday reported second-quarter net income of $136.4 million.

On a per-share basis, the New York-based company said it had profit of $1.20. Earnings, adjusted for one-time gains and costs, came to $1.30 per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.61 per share.

The ingredients producer for food, cos...