International Flavors & Fragrances Inc. (IFF) earnings on August 4, 2026

After the market closes Q2 2026

More International Flavors & Fragrances Inc. earnings

Prior outlook: Pessimistic Outcome: Missed

The company missed profit and sales targets, but the stock rose 8.8% after announcing a $2.5 billion share buyback plan.

IFF price around the earnings

88.07

Change: +8.9%

2026-08-05, 20:00 UTC

Start of the measured window End of the measured window
74.28 79.08 83.88 88.68 80.88
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)No trading (market closed)No trading (market closed)
August 4, 2026 August 4, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Missed

Thesis published
Results released

Pre-release: Portfolio sale and analyst upgrades positive, but trajectory collapsed sharply and technicals deteriorated into earnings.

Context analyzed before publication

Trend
Sharp collapse from +56.9 to -41.2; negative trend strength and RS into earnings.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.65
Analysts covering the stock
18
Average price target
91.54
Lowest price target
71
Highest price target
105
Upside to price target
13.5%
Revenue growth
-3.6%
Forward EPS
4.8
Trailing EPS
3.23
Analyst moves in the last 60 days
4
  • Strong buy: 5
  • Buy: 11
  • Hold: 4
  • Sell: 0
  • Strong sell: 0
Strong buy
5
Buy
11
Hold
4
Sell
0
Strong sell
0
  • July 1, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
  • June 30, 2026 · Argus Research: Maintains rating (Buy → Buy)
  • June 24, 2026 · Citigroup: Maintains rating (Buy → Buy)
  • June 9, 2026 · Benchmark: Initiates coverage (Buy)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
High
Normalized volume
99%

Technicals

Evidence

Price when the context was analyzed
80.63
Average true range (ATR)
2.6%
Distance to 52-week high
-3.8%
14-day change (14d)
+4.3%
30-day change (32d)
-3.8%
30-day relative strength
-5.5%
SPY change (32d)
+1.7%
Nearest support
80.14
Distance to nearest support
0.6%
Nearest resistance
80.89
Distance to nearest resistance
0.3%
Volume accumulation ratio (14d / 46d)
0.86
  • Mid: 80.14 (0.6% away, 0.23 ATR, 19 touches)
  • Major: 79.72 (1.1% away, 0.43 ATR, 31 touches)
  • Major: 78.95 (2.1% away, 0.8 ATR, 22 touches)
  • Mid: 80.89 (0.3% away, 0.13 ATR, 10 touches)
  • Major: 81.7 (1.3% away, 0.51 ATR, 27 touches)
  • Mid: 82.2 (2% away, 0.75 ATR, 15 touches)

Trends

Evidence

Average earnings surprise
+4.6%
  • May 5, 2026: actual EPS 1.25 vs estimate 1.07 (surprise +16.5%)
  • February 11, 2026: actual EPS 0.8 vs estimate 0.83 (surprise -3.8%)
  • November 4, 2025: actual EPS 1.05 vs estimate 1.02 (surprise +3.3%)
  • August 5, 2025: actual EPS 1.15 vs estimate 1.12 (surprise +2.5%)

Expected move

Implied move
+2.4%
Source
Options chain

Reactions over its last 20 earnings

Median move
5.8%
75th percentile move
6.8%
90th percentile move
17.3%
Up / down moves
8 / 12
Average up move
+5.9%
Average down move
-7.9%

Monitoring and close

What International Flavors & Fragrances Inc. reported

Status
Finished
Actual EPS0.57
EPS estimate1.12
EPS surprise-49.1%
Revenue$1,954 million
Revenue estimate$2,685 million
Revenue surprise-27.2%

IFF reported Q2 results that missed expectations and cut its full-year sales guidance by about 30%, now expecting $7.4B-$7.6B versus prior $10.5B-$10.8B.

Sources (4)

Pre-market second reading after the results

Verdict
Missed expectations

Heading into the open, results came in below expectations on both earnings and revenue. The figures confirm the pessimistic scenario. Based on the figures alone (no pre-open price): across our market history, in the 8,040 similar cases the close followed that direction 57% of the time.

How the stock reacted

Outcome
Missed
Consolidated
+8.8%
Max favorable move (MFE)
2.3%
Max adverse move (MAE)
10.4%