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International Flavors & Fragrances (IFF) Stock Falls Despite Strong Quarter

2015-05-12 17:57:34| Chemicals - Topix.net

The New York City-based company reported first quarter net earnings of $128.3 million, or $1.45 per share on an adjusted basis, 13 cents better than the $1.32 it reported in the year ago period, and 3 cents better than analysts were expecting this quarter. Revenue for the quarter rose slightly, 0.6%, to $774.89 million, topping analysts' $767.91 million consensus estimates.

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