Sensata Technologies Q2 Profit Decreases - Quick Facts

(RTTNews) - Sensata Technologies Holding N.V. (ST) reported that its second-quarter net income decreased to $20.4 million, or $0.11 per share, from $26.1 million, or $0.14 per share, last year. Adjusted net income was $95.7 million, or $0.54 per share, compared to $97.5 million, or $0.54 per share, prior year.

On average, ten analysts polled by Thomson Reuters expected the company to report profit of $0.53 per share for the quarter. Analysts' estimates typically exclude special items.

Net revenue was $506.4 million, an increase of 0.4% from $504.6 million, last year. Analysts expected revenue of $496.56 million for the quarter.

For the full year 2013, the company anticipates net revenue of $1.94 billion to $2.00 billion. The company expects adjusted net income of $2.04 to $2.16 per share, for the full year 2013. Analysts expect the company to report full year profit per share of $2.13, on revenue of $1.97 billion.

The company anticipates net revenue of $485 million to $505 million for the third quarter 2013. The company also expects adjusted net income of $0.52 to $0.56 per share for the third quarter 2013. Analysts expect the company to report third-quarter profit per share of $0.54 on revenue of $493.62 million.