INTL FCStone Inc. Announces 12% Advance In Q2 Profit

(RTTNews) - INTL FCStone Inc. (INTL) reported a profit for its second quarter that gained ground from last year.

The company said its bottom line climbed to $14.5 million, or $0.76 per share. This was up from $13.0 million, or $0.67 per share, in last year's second quarter.

Analysts had expected the company to earn $0.62 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 74.3% to $3.71 billion. This was down from $14.44 billion last year.

INTL FCStone Inc. earnings at a glance:

-Earnings (Q2): $14.5 Mln. vs. $13.0 Mln. last year. -Earnings Growth (Y-o-Y): 11.5% -EPS (Q2): $0.76 vs. $0.67 last year. -EPS Growth (Y-o-Y): 13.4% -Analysts Estimate: $0.62 -Revenue (Q2): $3.71 Bln vs. $14.44 Bln last year. -Revenue Change (Y-o-Y): -74.3%