SXT Earnings Prediction
The chart below shows how SXT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SXT sees a -0.21% change in stock price 10 days leading up to the earnings, and a +2.11% change 10 days following the report. On the earnings day itself, the stock moves by -1.26%. This data can give you a slight idea of what to expect for the next quarter's release.
SXT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
392.61M
7.91%
-2.70%
Gross Margin
33.27%
6.53%
2.53%
Operating Margin
13.18%
7.68%
3.45%
Net Margin
8.33%
-3.92%
8.60%
EPS
0.77
2.67%
5.48%
No Data Available
SXT Earnings Analysis
Sensient Technology Corporation Corporation (SXT.N) Earnings Conference Call
Positive
Local Currency Revenue Growth: Strong local currency revenue growth of approximately 9% in the third quarter.
EBITDA Growth Q3 2024: Consolidated local currency adjusted EBITDA was up 13% for the third quarter of 2024.
EBITDA Margin Increase: The company's third quarter adjusted EBITDA margin was 17.6%, up 60 basis points from the prior year's third quarter.
Revenue and Profit Growth: The Color Group delivered 13% local currency revenue growth and 31% local currency operating profit growth in the third quarter.
Asia Pacific Revenue and Profit Growth: The Asia Pacific Group reported 13% local currency revenue growth and 15% local currency operating profit growth in the third quarter.
Negative
Revenue Decline Analysis: Revenue decreased from $363.8 million in Q3 2023 to $392.6 million in Q3 2024, indicating a decline in year-over-year performance.
Operating Income Comparison: Operating income was $50.5 million in Q3 2024, compared to $44.5 million in the same period last year, reflecting a slower growth rate than expected.
Increased Tax Burden: The adjusted tax rate increased to 23.1% in Q3 2024 from 17.5% in Q3 2023, indicating a higher tax burden on the company.
Increased Costs Impact Profitability: The company incurred approximately $5.8 million in additional costs this year, impacting overall profitability.
Operating Income Increase: The adjusted operating income was $51.7 million in Q3 2024, which is an increase of only 17.1% compared to the previous year, suggesting slower growth in profitability.
SXT FAQs
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SXT Earning Call Sentiment
Sensient Technologies Corporation (SXT) Q3 2024 Earnings Call Transcript
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00:00
00:00
SXT.N
1.05%Positive
The earnings call indicates strong financial performance with an 8.5% revenue increase and improved EBITDA margins. Raised guidance for revenue, EBITDA, and EPS suggests optimism. Despite higher interest expenses and tax rates, the company is effectively managing debt and cash flow. Q&A highlights sustainable growth and new wins, particularly in Asia-Pacific. Although there are some challenges, the overall sentiment is positive, and the market cap suggests a moderate reaction. Therefore, a 2% to 8% stock price increase is likely over the next two weeks.
