International Flavors to Report Q3 Earnings: What's in the Offing?

International Flavors & Fragrances Inc. IFF is scheduled to report third-quarter 2025 results on Nov. 4, after the closing bell.

The Zacks Consensus Estimate for IFF’s sales is pegged at $2.63 billion, indicating a 10.2% dip from the year-ago reported figure.

The Zacks Consensus Estimate for earnings is pegged at $1.02 per share. The consensus estimate for IFF’s earnings has been unchanged in the past 60 days. The estimate indicates a year-over-year dip of 1.9%.

IFF’s Earnings Surprise History

International Flavors’ earnings beat the Zacks Consensus Estimates in three of the trailing four quarters and missed in one, the average beat being 8.3%.

What the Zacks Model Unveils for International Flavors

Our model predicts an earnings beat for International Flavors this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is precisely the case here.

Earnings ESP: IFF has an Earnings ESP of+1.81%. You can uncover the best stocks before they are reported with our Earnings ESP Filter.

Zacks Rank: The company currently carries a Zacks Rank of 3.

Factors Likely to Have Shaped IFF’s Q3 Performance

The company has been witnessing volume growth, with broad-based contributions across each of its businesses. International Flavors’ results are likely to reflect the impacts of the overall improvement in its sales performance. IFF’s ongoing efforts to improve productivity and reduce costs are likely to have benefited its margins.

However, International Flavors has been incurring high raw material costs and additional costs related to labor, shipping and cleaning. Despite its pricing actions and focused cost-reduction efforts, these factors are likely to have dented margins in the to-be-reported quarter. International Flavors’ manufacturing costs are expected to have increased to support higher demand.

Projections for International Flavors’ Segments in Q3

In May 2025, the company divested its Pharma Solutions segment. At the beginning of the first quarter 2025, the company separated its Nourish segment into the Taste and Food Ingredients segments. Post these adjustments, the company currently has four business divisions — Taste, Food Ingredients, Health & Bioscience, and Scent. 

Our model estimates the Taste segment’s third-quarter sales to dip 0.9% year over year to $617 million. The segment’s adjusted operating EBITDA is projected at $121 million, indicating a fall of 5.9% from the year-ago quarter’s actual.

Our model estimates the Food Ingredient’s third-quarter sales to fall 3.6% year over year to $813 million. The segment’s adjusted operating EBITDA is projected at $107 million, indicating a rise of 17.1% from the year-ago quarter’s actual.

We expect the Scent segment’s sales to increase 23.4% year over year to $614 million. The ongoing momentum in Consumer Fragrance, as well as improvement in Fragrance Ingredients and Fine Fragrance, is likely to have aided its performance. However, the gains are likely to have been partially negated by higher costs. Our estimate for the segment’s quarterly operating EBITDA is $123 million, indicating a year-over-year decrease of 4.1%.

The projection for the Health & Biosciences segment’s sales is $580 million, indicating a 22.1% increase from the year-ago quarter’s reported figure, reflecting the ongoing momentum in its businesses. We expect operating EBITDA to decrease 1.2% to $150 million.

IFF Stock’s Price Performance

In the past year, IFF shares have lost 34.4% compared with the industry’s 7.3% decline.

Other Stocks to Consider

Here are some other Basic Materials stocks, which, according to our model, also have the right combination of elements to post an earnings beat in their upcoming releases.

Triple Flag Precious Metals Corp. TFPM, scheduled to release third-quarter earnings on Nov. 4, has an Earnings ESP of +2.33% and currently flaunts a Zacks Rank of 1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Triple Flag Precious’ earnings for the third quarter are pegged at 22 cents per share, indicating year-over-year growth of 46.7%. The company has a trailing four-quarter average earnings surprise of 8.1%.

Pan American Silver Corp. PAAS, slated to release third-quarter 2025 earnings on Nov. 12, has an Earnings ESP of +2.21% and a Zacks Rank of 3 at present. 

The Zacks Consensus Estimate for Pan American Silver’s earnings for the third quarter is pegged at 51 cents per share. The estimate indicates a significant climb from the earnings of 32 cents per share reported in the year-ago quarter. Pan American Silver has a trailing four-quarter average earnings surprise of 45.2%.

CSW Industrials, Inc. CSW, slated to release second-quarter fiscal 2026 earnings on Oct. 30, currently has an Earnings ESP of +1.10% and a Zacks Rank of 3.

The consensus mark for CSW Industrials’ earnings is pegged at $2.73 per share. It indicates a year-over-year rise of 20.8%. CSW Industrials has a trailing four-quarter average earnings surprise of 5.6%.

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This article originally published on Zacks Investment Research (zacks.com).

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