Investing.com - Sensient Technologies reported on Friday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Sensient Technologies announced earnings per share of $0.85 on revenue of $361.08. Analysts polled by Investing.com anticipated EPS of $0.82 on revenue of $368.34M.
Sensient Technologies shares are down 30.22% from the beginning of the year and are trading at $69.82 , down-from-52-week-high.
Sensient Technologies follows other major Materials sector earnings this month
Sensient Technologies's report follows an earnings missed by Freeport-McMoran on Thursday, who reported EPS of $0.26 on revenue of $5B, compared to forecasts EPS of $0.32 on revenue of $5.37B.
Nucor had missed expectations on Thursday with third quarter EPS of $6.5 on revenue of $10.5B, compared to forecast for EPS of $6.77 on revenue of $10.03B.
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