Sensient is reconfirming its expectation for the 2023 full year GAAP diluted earnings per share to be flat to low-single digit growth compared to 2022 reported GAAP diluted earnings per share of $3.34. "The company continues to expect 2023 revenue to grow at a mid-single digit rate on a local currency basis compared to the company’s 2022 revenue. The company continues to expect 2023 diluted earnings per share to be flat to low-single digit growth on a local currency basis compared to the company’s 2022 adjusted diluted earnings per share of $3.29. The company continues to expect 2023 adjusted EBITDA to grow at a mid-to-high single digit rate on a local currency basis compared to the company’s 2022 adjusted EBITDA. The company expects its 2023 diluted earnings per share to be impacted by higher interest rates and a higher tax rate. Based on current exchange rates, the company expects foreign exchange rates to be modestly favorable for the full year," Sensient stated. FY23 EPS and revenue consensus are $3.34 and $1.51B, respectively.
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