IFF

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 $19.2 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 second-quarter earnings for 2026 after the market closes on Tuesday, Aug. 4. Ahead of the event, analysts expect IFF to report a profit of $1.13 per share on a diluted basis, down 1.7% from $1.15 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion. Elon Musk Dubs Him ‘Scam Altman’ Not Sam — Then Altman Clapped Back: ‘Homeboy You’re The One Selling Space Datacenters’ Oracle Stock Crashes to a 52-Week Low. Here’s Why It Might Be Time to Buy. Short Seller Hunterbrook Attacked Bloom Energy’s Supply-Chain Claims. BE Stock Is Bruised, But Not Broken. Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For the full year, analysts expect IFF to report EPS of $4.55, up 8.3% from $4.20 in fiscal 2025. Its EPS is expected to rise 8.4% year over year to $4.93 in fiscal 2027. IFF stock has underperformed the S&P 500 Index’s ($SPX) 20.3% gains over the past 52 weeks, with shares up marginally during this period. Similarly, it underperformed the State Street Materials Select Sector SPDR ETF’s (XLB) 11.3% returns over the same time frame. IFF's underperformance stems from soft demand and price pressure in its commodity segments. Management noted that Middle East tensions and inflation are likely to weigh on 2026 results. In Fine Fragrance, slower consumer demand and supply chain issues, including packaging shortages, are expected to reduce volumes in the region. On May 5, IFF reported its Q1 results, and its shares surged 17.2% in the following trading session. Its adjusted EPS of $1.25 surpassed Wall Street expectations of $1.08. The company’s revenue was $2.74 billion, beating Wall Street forecasts of $2.65 billion. IFF expects full-year revenue in the range of $10.5 billion to $10.8 b...

NEW YORK, July 09, 2026--(BUSINESS WIRE)--IFF (NYSE: IFF) today announced that it will release its second quarter 2026 earnings results following the market close on Tuesday, August 4, 2026. The management team will host a live webcast on Wednesday, August 5, 2026, at 9:00 a.m. ET to discuss results and outlook with the investor community. Investors may access the live webcast and accompanying slide presentation on the company's website at ir.iff.com. For those unable to listen to the live webcast, a recorded version will be made available for replay. Welcome to IFFAt IFF (NYSE: IFF), we make joy through science, creativity and heart. As the global leader in taste, scent, food ingredients, health and biosciences, we’re innovating for the future. Every day, we deliver groundbreaking, sustainable solutions that elevate products people love — advancing wellness, delighting the senses and enhancing the human experience. Learn more at iff.com, LinkedIn, Instagram and Facebook. View source version on businesswire.com: https://www.businesswire.com/news/home/20260709663454/en/ Contacts Media Relations:Jennifer [email protected] Investor Relations:Michael [email protected]

It has been about a month since the last earnings report for International Flavors (IFF). Shares have lost about 11.3% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is International Flavors due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. International Flavors reported adjusted earnings of $1.25 per share in first-quarter 2026, up 4.2% year over year. The result beat the Zacks Consensus Estimate of $1.08 by 15.7%. Including one-time items, the company reported earnings of 66 cents per share against the prior-year quarter’s loss of $3.98. International Flavors’ quarterly net sales were $2.741 billion, down 3.6% from the year-ago period but 3.4% above the $2.65 billion consensus mark. On a comparable currency-neutral basis, sales increased 3%, supported by volume gains across all four segments. Below the top line, IFF’s quarter reflected better operating execution despite the headline sales decline. In the reported quarter, IFF’s cost of goods sold was down 5% year over year to $1.7 billion. Gross profit dipped 1.6% to around $1 billion. The gross margin came in at 37.1% compared with 36.4% in the year-ago quarter. Research and development expenses decreased 7.4% year over year to $427 million. Selling and administrative expenses inched up 1.2% to $166 million in the quarter. Adjusted operating EBITDA came in at $568 million, up 11.6% from the prior-year quarter’s $509 million. The adjusted operating EBITDA margin was 20.7% compared with the year-ago quarter’s 17.9%. On a comparable currency-neutral basis, adjusted operating EBITDA improved 8% compared with the prior year, aided by volume growth and productivity gains. Net sales in the Taste segment increased 5.6% year over year to $656 million in the quarter. On a comparable basis, currency neutral sales rose 2% with broad-based growth in all regions. The segment’s adjusted operating EBITDA was $153 million, down 29% year over year. Net sales in the Food Ingredients segment rose 7.7% year over year to $839 million in the March-ended quarter. On a comparable basis, currency neutral sales rose 3% attributed to volume growth in nearly...

International Flavors & Fragrances’ first quarter results were met with a strong positive market reaction, as management credited broad-based volume growth across all business units and disciplined execution on productivity initiatives. CEO Erik Fyrwald highlighted that the company’s Health & Biosciences segment led with mid-single-digit sales growth, while Taste, Food Ingredients, and Scent also posted gains, supported by improved operational focus and a simplified portfolio. CFO Michael DeVeau emphasized that operational improvements and working capital discipline contributed to significantly higher free cash flow compared to the prior year. Is now the time to buy IFF? Find out in our full research report (it’s free). Revenue: $2.74 billion vs analyst estimates of $2.64 billion (3.6% year-on-year decline, 3.9% beat) Adjusted EPS: $1.25 vs analyst estimates of $1.07 (16.5% beat) Adjusted EBITDA: $568 million vs analyst estimates of $516.6 million (20.7% margin, 9.9% beat) The company reconfirmed its revenue guidance for the full year of $10.65 billion at the midpoint EBITDA guidance for the full year is $2.1 billion at the midpoint, in line with analyst expectations Operating Margin: 10%, up from -31.8% in the same quarter last year Organic Revenue rose 3% year on year (beat) Market Capitalization: $20.11 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Ghansham Panjabi (Baird): Asked about drivers of Q1 outperformance and whether results were influenced by customer pre-buying. CFO Michael DeVeau replied that volume-led growth and productivity were key, with no evidence of significant pre-buying. Lisa De Neve (Morgan Stanley): Inquired about the timeline and progress of the Food Ingredients divestiture. CEO Erik Fyrwald stated that the process is advancing well, with several buyers in due diligence and an update expected by next quarter’s call. Nicola Tang (BNP Paribas): Questioned assumptions for pricing and input inflation in full-year outlook. DeVeau explained that energy and logistics inflation are already being offset by surcharges, with raw material cost increases expected later in the year. Kristen Ow...

Interested in International Flavors & Fragrances Inc.? Here are five stocks we like better. International Flavors & Fragrances posted a stronger-than-expected first quarter, with revenue up 3% on a comparable currency-neutral basis and growth across all business segments. Adjusted operating EBITDA rose 8% to $568 million, and free cash flow improved sharply to $92 million. The company is making progress on its portfolio simplification and deleveraging strategy, including the completed sale of a commodity business and the ongoing sale process for its Food Ingredients unit. Management said the divestiture process is going well and should receive an update by the second-quarter earnings call. IFF reaffirmed its full-year 2026 guidance for sales of $10.5 billion to $10.8 billion and adjusted operating EBITDA of $2.05 billion to $2.15 billion, but warned that inflation and Middle East-related uncertainty could pressure results later in the year. Management expects second-quarter EBITDA to be lower than Q1 as pricing actions and weaker demand in some areas work through the business. These 5 stocks have unique competitive edge and room to run International Flavors & Fragrances (NYSE:IFF) reported a stronger-than-expected start to 2026, with first-quarter sales growth across all business segments, higher adjusted profitability and improved free cash flow, while management reaffirmed its full-year guidance despite macroeconomic uncertainty tied in part to the Middle East conflict. CEO Erik Fyrwald said IFF’s first-quarter results reflected “continued focus on execution” as the company serves customers through innovation, productivity initiatives and cash generation. He said the company is making progress against commitments laid out two years ago, including portfolio simplification and deleveraging. → Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum Hidden gems: 3 undervalued stocks with a unique competitive edge “Even amid uncertain market conditions around the world, we’re making solid progress on our commitments as we continue to strengthen IFF for long-term success,” Fyrwald said. CFO Michael DeVeau said IFF generated more than $2.7 billion in first-quarter revenue, representing 3% sales growth on a comparable currency-neutral basis. The increase was volume-led, with growth across all businesses. → 3 Ways to Target the Resources Powering AI and Data...

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. International Flavors & Fragrances (IFF) stock was in focus after the company reported first quarter 2026 results, delivering better than expected revenue and adjusted earnings while reaffirming full year guidance despite divestitures, inflation and geopolitical pressures. See our latest analysis for International Flavors & Fragrances. The earnings beat and reaffirmed guidance sparked a sharp re-rating, with a 1-day share price return of 17.18% and a 7-day share price return of 20.38% pointing to building momentum, while the 5-year total shareholder return decline of 29.90% shows the longer recovery context. If this kind of rebound has your attention, it could be a good moment to widen your watchlist and check out 19 top founder-led companies So with IFF trading at $82.93 against a consensus price target of $89 and indications of a 37.68% intrinsic discount, is this a reset that offers upside, or are markets already pricing in future growth? With International Flavors & Fragrances closing at $82.93 against a narrative fair value of $90.71, the most followed storyline sees some remaining upside and leans on a detailed long term reset. Read the complete narrative. Want to see how a slower top line, rising margins and a richer earnings multiple still add up to that fair value? The narrative leans on a detailed earnings rebuild, careful revenue assumptions and a premium P/E that sits well above sector norms. Result: Fair Value of $90.71 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this story can change quickly if softness in North America and China persists or if commoditization in fragrance ingredients continues to squeeze pricing and margins. Find out about the key risks to this International Flavors & Fragrances narrative. With sentiment clearly mixed, and both risks and rewards on the table, it may be useful to act promptly and evaluate the story against your own expectations using 3 key rewards and 2 important warning signs If IFF has you rethinking your portfolio, do not stop here. Broaden your search with data driven ideas that other investors may be overlooking. Target potential upside by scanning a focused set of valuation opp...

International Flavors (IFF) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $1.2 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +16.01%. A quarter ago, it was expected that this ingredients producer for food, cosmetics and consumer products industries would post earnings of $0.85 per share when it actually produced earnings of $0.8, delivering a surprise of -5.88%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. International Flavors, which belongs to the Zacks Chemical - Specialty industry, posted revenues of $2.74 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 3.44%. This compares to year-ago revenues of $2.84 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. International Flavors shares have added about 4% since the beginning of the year versus the S&P 500's gain of 5.2%. While International Flavors has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for International Flavors was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in...

Image source: The Motley Fool. Wednesday, May 6, 2026 at 9 a.m. ET Chief Executive Officer — Erik Fyrwald Chief Financial Officer — Michael DeVeau Vice President, Investor Relations — Michael Bender Michael Bender: Thank you. Good morning, good afternoon, and good evening, everyone. Welcome to International Flavors & Fragrances Inc.'s First Quarter 2026 Earnings Conference Call. Yesterday afternoon, we issued a press release announcing our financial results. A copy of the release can be found on our IR website at ir.iff.com. Please note that this call is being recorded live and will be available for replay. During the call, we will be making forward-looking statements about the company's performance and business outlook. These statements are based on how we see things today and contain elements of uncertainty. For additional information concerning the factors that can cause actual results to differ materially, please refer to our cautionary statement and risk factors contained in our 10-K and press release, both of which can be found on our website. Today's presentation will include non-GAAP financial measures, which exclude items that we believe affect comparability. A reconciliation of these non-GAAP financial measures to their respective GAAP measures is set forth in the press release. Also, please note that all the sales and EBITDA growth numbers that we will be speaking to on the call are on a comparable currency-neutral basis unless otherwise noted. With me on the call today are our CEO, Erik Fyrwald, and our CFO, Michael DeVeau. We will begin with prepared remarks and then take questions at the end. With that, I would now like to turn the call over to Erik. Erik Fyrwald: Thanks, Mike, and hello, everyone. Thank you all for joining us today. International Flavors & Fragrances Inc.'s first quarter 2026 results reflect our continued focus on execution, while serving customers with leading innovations and driving productivity and cash flow. Even amid uncertain market conditions around the world, we are making solid progress on our commitments as we continue to strengthen International Flavors & Fragrances Inc. for long-term success. I will start today’s call by briefly summarizing the first quarter, and then I will talk about the key strategic progress we have made so far this year. I will then turn the call over to Mike, who will provide more details on...

International Flavors & Fragrances Inc. IFF reported adjusted earnings of $1.25 per share in first-quarter 2026, up 4.2% year over year. The result beat the Zacks Consensus Estimate of $1.08 by 15.7%. Including one-time items, the company reported earnings of 66 cents per share against the prior-year quarter’s loss of $3.98. International Flavors’ quarterly net sales were $2.741 billion, down 3.6% from the year-ago period but 3.4% above the $2.65 billion consensus mark. On a comparable currency-neutral basis, sales increased 3%, supported by volume gains across all four segments. International Flavors & Fragrances Inc. price-consensus-eps-surprise-chart | International Flavors & Fragrances Inc. Quote Below the top line, IFF’s quarter reflected better operating execution despite the headline sales decline. In the reported quarter, IFF’s cost of goods sold was down 5% year over year to $1.7 billion. Gross profit dipped 1.6% to around $1 billion. The gross margin came in at 37.1% compared with 36.4% in the year-ago quarter. Research and development expenses decreased 7.4% year over year to $427 million. Selling and administrative expenses inched up 1.2% to $166 million in the quarter. Adjusted operating EBITDA came in at $568 million, up 11.6% from the prior-year quarter’s $509 million. The adjusted operating EBITDA margin was 20.7% compared with the year-ago quarter’s 17.9%. On a comparable currency-neutral basis, adjusted operating EBITDA improved 8% compared with the prior year, aided by volume growth and productivity gains. Net sales in the Taste segment increased 5.6% year over year to $656 million in quarter. The figure surpassed our estimate of $649 million. On a comparable basis, currency neutral sales rose 2% with broad-based growth in all regions. The segment’s adjusted operating EBITDA was $153 million, down 29% year over year. Our estimate for the segment’s adjusted EBITDA was $139 million. Net sales in the Food Ingredients segment rose 7.7% year over year to $839 million in the March-ended quarter. The figure beat our estimate of $797 million. On a comparable basis, currency neutral sales rose 3% attributed to volume growth in nearly all businesses. The adjusted operating EBITDA was $114 million, up 5.6% year over year. Our estimate for the segment’s adjusted EBITDA was $118 million. Sales generated in the Health & Bioscience segment were $595 mill...

International Flavors & Fragrances (IFF) reported Q1 adjusted earnings late Tuesday of $0.83 per dil

Delivered solid top and bottom line Q1 results Progressing disciplined sale process for Food Ingredients business Reaffirms Full Year 2026 Financial Guidance NEW YORK, May 05, 2026--(BUSINESS WIRE)--IFF (NYSE: IFF) reported financial results for the first quarter ended March 31, 2026. First Quarter 2026 Consolidated Summary: Management Commentary "IFF is off to a solid start in 2026, with first quarter results that reflect the customer focus and operational execution we’ve been building across the company," said Erik Fyrwald, CEO of IFF. "We delivered volume growth in all four segments, improved profitability, and generated strong cash flow in the first quarter. As we look ahead, we are maintaining a disciplined approach to how we are planning the balance of the year as the current operating environment remains unsettled. We remained focused on advancing our commercial and innovation pipelines, driving productivity, and working with customers to offset inflation. This – when combined with our solid start to the year – derisks the balance of the year and gives us the confidence to reaffirm our full-year 2026 financial guidance ranges in an uncertain environment. At the same time, we are running a disciplined sale process for Food Ingredients to ensure we maximize value for shareholders." First Quarter 2026 Consolidated Financial Results Reported net sales for the first quarter were $2.74 billion, a decrease of 4% versus the prior-year period. On a comparable basis2, currency neutral sales1 increased 3% versus the prior-year period with broad based growth across all businesses. Income before taxes on a reported basis for the first quarter was $209 million. Adjusted operating EBITDA1 for the first quarter was $568 million. On a comparable basis2, currency neutral adjusted operating EBITDA1 improved 8% versus the prior-year period, driven by volume growth and productivity gains. Reported earnings per share (EPS) for the first quarter was $0.66. Adjusted EPS excluding amortization1 was $1.25 per diluted share. Cash flows from operations for the first quarter were $257 million, increasing $130 million year-over-year, and free cash flow1 defined as cash flows from operations less capital expenditures totaled $92 million, increasing $144 million year-over-year. Total debt to trailing twelve months net income at the end of the first quarter was 7.2x. Net debt to cred...

NEW YORK (AP) — NEW YORK (AP) — International Flavors & Fragrances Inc. (IFF) on Tuesday reported first-quarter earnings of $169 million. The New York-based company said it had profit of 66 cents per share. Earnings, adjusted for amortization costs and non-recurring costs, came to $1.25 per share. The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share. The ingredients producer for food, cosmetics and consumer products industries posted revenue of $2.74 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $2.65 billion. International Flavors expects full-year revenue in the range of $10.5 billion to $10.8 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