Investing.com - IFF reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
IFF announced earnings per share of $1.6 on revenue of $2.47B. Analysts polled by Investing.com anticipated EPS of $1.53 on revenue of $2.45B.
IFF shares are up 30% from the beginning of the year, still down 3.06% from its 52 week high of $147.04 set on May 7. They are outperforming the S&P 500 which is up 11.53% from the start of the year.
IFF follows other major Consumer/Non-Cyclical sector earnings this month
IFF's report follows an earnings beat by Procter&Gamble on April 20, who reported EPS of $1.26 on revenue of $18.11B, compared to forecasts EPS of $1.19 on revenue of $17.96B.
Coca-Cola had beat expectations on April 19 with first quarter EPS of $0.55 on revenue of $9B, compared to forecast for EPS of $0.5039 on revenue of $8.68B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar