Sensient Technologies Q4 Profit Up - Quick Facts

(RTTNews) - Sensient Technologies Corp. (SXT) posted higher reported net earnings of $28.05 million, or $0.56 a share in the fourth quarter, versus last year's $27.22 million, or $0.55 a share. As adjusted, to remove the impact of the restructuring costs, earnings totaled $31.52 million, or $0.63 a share for the three months ended December 31, 2013. On average, 3 analysts polled by Thomson Reuters expected earnings per share of $0.63 for the quarter. Analysts' estimates typically exclude one-time items.

However, quarterly consolidated revenue was $351.1 million, down 1.4%, compared with $356.2 million in the fourth quarter of 2012.

For 2014, Sensient said it expects earnings per share to be within the range of $2.86 and $2.94. Four analysts project full-year earnings of $2.90 per share.