Sigma-Aldrich Earnings: Here’s Why the Stock is Down Now

Sigma-Aldrich Corporation (NASDAQ:SIAL) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 1.11%.

Sigma-Aldrich Corporation Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 8.25% to $1.05 in the quarter versus EPS of $0.97 in the year-earlier quarter.

Revenue: Rose 2.56% to $681 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Sigma-Aldrich Corporation reported adjusted EPS income of $1.05 per share. By that measure, the company beat the mean analyst estimate of $1.04. It beat the average revenue estimate of $678.84 million.

Quoting Management: Commenting on second quarter 2013 performance, President and CEO Rakesh Sachdev said, “I am pleased to report record quarterly sales and adjusted diluted EPS of $681 million and $1.05, respectively. We generated solid organic sales growth across all business units and regions with six of our eight segments improving sequentially over the first quarter 2013. We continue to generate strong free cash flow, and we remain on track to achieve our 2013 full-year organic sales growth.”

Key Stats (on next page)…

Revenue increased 0.89% from $675 million in the previous quarter. EPS increased 1.94% from $1.03 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $1.03 and has not changed. For the current year, the average estimate is a profit of $4.13, which is the same with that ninety days ago.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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