RTTNews | Jul 23, 2021 07:28AM EDT

07:27 Friday, July 23, 2021 (RTTNews.com) - While reporting financial results for the second quarter on Friday, Sensient Technologies Corp. (SXT) continues to expect earnings per share for the full-year 2021 to grow at a mid to high single digit rate, compared to the earnings per share of $2.59 reported in 2020.

The company also now expects 2021 adjusted local currency revenue to grow at a mid-single digit rate, compared to the prior guidance for a low to mid-single digit growth rate.

On average, five analysts polled by Thomson Reuters expect the company to report earnings of $3.03 per share on a revenue decline of 2.6 percent to $1.30 billion for the year. Analysts' estimates typically exclude special items.

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