Ingredients, Flavors & Fragrances Stocks Post Mixed Q2 Earnings

Earnings
โดย Yahoo Finance·US·Read original
Summary · why it matters

Ingredients, flavors, and fragrances companies reported mixed second-quarter results, with the five tracked stocks missing revenue consensus estimates by 2.4% as a group. Darling Ingredients posted revenue of $1.72 billion, up 16.4% year over year and beating expectations by 0.5%, though EBITDA missed significantly. Archer-Daniels-Midland delivered the best quarter with revenue of $22.68 billion, up 7.2% and 2.2% above estimates, while International Flavors & Fragrances was the weakest, with revenue down 29.3% to $1.95 billion and missing by 25%. Ingredion reported flat revenue of $1.85 billion, topping estimates by 0.9%, and Bunge Global grew revenue 88.3% to $24.04 billion, beating by 9.3%. Shares of the group have risen 4.9% on average since the latest earnings results.

Impact on stocks 5

Synthetic Biology (non-pharma)± Mixed · 5 stocks
Bunge Global SA
BG
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Revenue grew 88.3% to $24.04B, beating estimates by 9.3%.

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