What to Expect When International Flavors (IFF) Reports Q3 Results

International Flavors & Fragrances (IFF) is scheduled to report its 2016 third quarter earnings after Monday's market close. Wall Street is forecasting that earnings and revenue will increase year-over-year.

Analysts surveyed by FactSet are looking for adjusted earnings of $1.41 per share on revenue of $784.5 million.

During the same quarter last year, the New York-based company earned $1.39 per diluted share on revenue of $765.1 million.

Last week, IFF agreed to acquire privately-held Fragrance Resources for an undisclosed sum.

"Fragrance Resources' team has been a key player in faster-growing specialty fine fragrances - an important growth category," IFF CEO Andreas Fibig said in a statement.

In 2017, the deal is expected to add about $75 million in revenue and be modestly accretive, excluding transaction costs. The transaction is projected to close in January 2017.

IFF makes and supplies flavors and fragrances for the food, beverage, personal care and household products industries.

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