Sigma-Aldrich Q2 Profit Rises - Quick Facts

(RTTNews) - Sigma-Aldrich Corp. (SIAL) reported that its second-quarter net income increased to $119 million or $0.98 per share, from $115 million or $0.94 per share, last year. Adjusted net income increased to $127 million or $1.05 per share, from $118 million or $0.97 per share, prior year.

On average, 14 analysts polled by Thomson Reuters expected the company to report profit of $1.04 per share for the quarter. Analysts' estimates typically exclude special items.

Sales rose to $681 million, from $664 million last year. Organic sales growth was 4%. Analysts expected revenue of $678.84 million for the quarter.

Sigma-Aldrich stated that its full-year organic sales growth guidance is unchanged, and expected to be in the low-to-mid single digit range. The company now expects full-year adjusted profit per share to be in a range of $4.05 to $4.15, compared to a prior range of $4.10 to $4.20 due to incremental changes in foreign currency exchange rates. Analysts expect the company to report full year profit per share of $4.13 on revenue of $2.70 billion.