Sigma-Aldrich Reports Q1 Adj. EPS Of $1.06 - Quick Facts

(RTTNews) - Sigma-Aldrich (SIAL) reported first-quarter net income of $126 million or $1.04 per share, compared to $126 million or $1.05 per share, prior year. Adjusted earnings per share was $1.06, for the quarter. Changes in foreign currency exchange rates reduced first quarter 2015 adjusted EPS by $0.13. Excluding the impact, adjusted EPS would have been $1.19.

On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $1.08 for the quarter. Analysts' estimates typically exclude special items.

Sales decreased to $676 million from $689 million last year. Analysts expected revenue of $685.23 million for the quarter. Reported sales were down 2% solely caused by an 8% reduction in sales caused by changes in foreign currency exchange rates. Organic sales growth in the quarter was 5%, and acquisitions increased sales by 1%.