Sigma-Aldrich Corp. (SIAL) reported net income of $115 million or $0.94 per share for the second quarter versus $113 million or $0.91 per share last year. Adjusted earnings per share grew to $0.97 from $0.93 in the second quarter of 2011.
Net sales for the three-month period advanced year-over-year to $664 million from $637 million.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.97 per share on revenues of $674.71 million for the quarter. Analysts' estimates typically exclude special items.
Looking forward to 2012, the company now expects adjusted earnings per share outlook to be $3.80 to $3.90, a $0.10 to $0.15 reduction from prior guidance of $3.90 to $4.05. Organic sales growth is expected to be in the low-to-mid single digit range for 2012. Analysts expect the company to earn $3.99 per share on revenues of $2.71 billion for the year.
Further, the company said in the second quarter of 2012, it repurchased 0.3 million shares at an average share price of $71.10.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.