INTL FCStone Inc. Reveals 24% Drop In Q2 Earnings

(RTTNews) - INTL FCStone Inc. (INTL) reported earnings for second quarter that dropped compared to the same period last year.

The company said its earnings totaled $11.0 million, or $0.58 per share. This was down from $14.5 million, or $0.76 per share, in last year's second quarter.

Analysts had expected the company to earn $0.92 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 17.9% to $195.8 million. This was up from $166.1 million last year.

INTL FCStone Inc. earnings at a glance:

-Earnings (Q2): $11.0 Mln. vs. $14.5 Mln. last year. -Earnings Decline (Y-o-Y): -24.1% -EPS (Q2): $0.58 vs. $0.76 last year. -EPS Decline (Y-o-Y): -23.7% -Analysts Estimate: $0.92 -Revenue (Q2): $195.8 Mln vs. $166.1 Mln last year. -Revenue Change (Y-o-Y): 17.9%