FMC Corp. (FMC) reported second-quarter net income attributable to stockholders of $104.9 million, or $0.76 per share, versus net income of $107.2 million, or $0.74 per share, in the second quarter of 2011.
The latest-quarter results included charges of $22.0 million after tax, or $0.16 per share, compared to charges of $3.3 million after tax, or $0.03 per share, in the prior-year quarter.
Excluding these items in both periods, adjusted earnings were $0.92 per share in the latest-quarter, an increase of 20 percent versus the prior-year quarter.
Revenues for the quarter were $905.2 million, up 11 percent from $812.2 million last year.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.90 per share on revenues of $901.37 million for the quarter. Analysts' estimates typically exclude special items.
For the third quarter of 2012, the company expect adjusted earnings of $0.70 to $0.80 per diluted share, a 9 percent increase above the same period last year at the midpoint of this range. Analysts expect the company to report earnings of $0.82 per share for the third-quarter.
The company said it has raised slightly the lower end of its full year 2012previous outlook and now expect adjusted earnings of $3.42 to $3.52 per share, a 16 percent increase above last year at the midpoint of this range. Analysts expect the company to report earnings of $3.49 per share for fiscal 2012.
The company said that the per share financial data reflected the two-for-one split of its common stock completed May 24, 2012.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.