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S&P 500 (NYSE:SPY) component Sigma-Aldrich Corp (NASDAQ:SIAL) will unveil its latest earnings on Tuesday, April 24, 2012. Sigma-Aldrich is a life science and high technology company that develops, manufactures, purchases and distributes a range of high quality chemicals, biochemicals and equipment.
Sigma-Aldrich Corp Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for profit of 99 cents per share, a rise of 5.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.03. Between one and three months ago, the average estimate moved down. It has been unchanged at 99 cents during the last month. Analysts are projecting profit to rise by 7.2% compared to last year’s $4.
Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 2 cents, reporting net income of 91 cents per share against a mean estimate of profit of 89 cents per share.
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Wall St. Revenue Expectations: Analysts are projecting a rise of 4.1% in revenue from the year-earlier quarter to $657.9 million.
Analyst Ratings: With seven analysts rate analysts rating the stock a buy, none rate rating it as a sell, and seven rate rating it a hold, analysts are bullish on the stock.
A Look Back: In the fourth quarter of the last fiscal year, profit rose 14.9% to $108 million (88 cents a share) from $94 million (76 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 4.8% to $610 million from $582 million.
After experiencing income increases the last three quarters, the company is hoping to keep the good news coming with this earnings announcement. Net income rose 16.5% in the second quarter of the last fiscal year and 25.8% in the third quarter of the last fiscal year before increasing again in the fourth quarter of the last fiscal year.
On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 10.5% in the first quarter of the last fiscal year, 15% in the second quarter of the last fiscal year and 11.2% in the third quarter of the last fiscal year before increasing again in the fourth quarter of the last fiscal year of the last fiscal year.
Stock Price Performance: Between January 23, 2012 and April 18, 2012, the stock price rose $4.55 (6.8%), from $67.32 to $71.87. The stock price saw one of its best stretches over the last year between January 13, 2012 and January 25, 2012, when shares rose for eight straight days, increasing 9.4% (+$6.03) over that span. It saw one of its worst periods between July 25, 2011 and August 2, 2011 when shares fell for seven straight days, dropping 13.3% (-$9.71) over that span.
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)
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