International Flavors & Fragrances (IFF) stock surged 5.88% in after-hours trading on Tuesday following the release of its first-quarter 2026 financial results.
The company reported adjusted earnings per share of $1.25, significantly beating the analyst consensus estimate of $1.07. Quarterly sales came in at $2.741 billion, also exceeding expectations of $2.642 billion. The positive results were driven by volume growth across all four business segments and productivity gains, particularly in the Taste and Food Ingredients divisions.
IFF reaffirmed its full-year 2026 guidance, expecting sales in the range of $10.5 billion to $10.8 billion and adjusted EBITDA between $2.05 billion and $2.15 billion. The company also noted it is progressing with the sale process for its Food Ingredients business.
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