WASHINGTON (dpa-AFX) - FMC Corp. (FMC) reported second quarter income from continuing operations, net of tax, to shareholders of $54.1 million or $0.40 per share compared to $95.7 million or $0.71 per share, last year.
Net income was $742 million, or $5.52 per share, compared to $109 million, or $0.81 per share, in the second quarter of 2014. The company noted that its second quarter 2015 results include an after-tax gain on the sale of Alkali Chemicals. Excluding this gain and other items, adjusted earnings were $0.70 per share, for the quarter.
On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $0.70 for the quarter. Analysts' estimates typically exclude special items.
Revenue was $887 million, a 12 percent increase over the same period in 2014. Analysts expected revenue of $950.00 million for the quarter.
Adjusted earnings per share are expected to be in the range of $3.00 to $3.30 for the full year 2015. Analysts expect the company to report earnings per share of $3.26.
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