Sigma-Aldrich Q3 Profit Matches Estimates - Quick Facts

(RTTNews) - Sigma-Aldrich (SIAL) reported that its third-quarter net income decreased to $108 million or $0.90 per share from $119 million or $0.98 per share, last year. Excluding costs related to restructuring and mergers and acquisitions, adjusted EPS was $1.06, for the quarter.

On average, 13 analysts polled by Thomson Reuters expected the company to report profit per share of $1.06 for the quarter. Analysts' estimates typically exclude special items.

Sales increased to $690 million from $664 million, last year. Analysts expected revenue of $689.82 million for the quarter. Organic sales growth was also 4%.

The company now expects its fourth-quarter sales to be approximately $25 million to $30 million less than its prior guidance, and fourth quarter adjusted EPS to be approximately $0.05 less than prior guidance.