INTL FCStone Inc. Announces 13% Decline In Q3 Earnings

(RTTNews) - INTL FCStone Inc. (INTL) reported a profit for third quarter that lost ground from last year.

The company said its earnings dropped to $12.7 million, or $0.66 per share. This was lower than $14.6 million, or $0.78 per share, in last year's third quarter.

Analysts had expected the company to earn $1.04 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 12.9% to $197.6 million. This was up from $175.0 million last year.

INTL FCStone Inc. earnings at a glance:

-Earnings (Q3): $12.7 Mln. vs. $14.6 Mln. last year. -Earnings Decline (Y-o-Y): -13.0% -EPS (Q3): $0.66 vs. $0.78 last year. -EPS Decline (Y-o-Y): -15.4% -Analysts Estimate: $1.04 -Revenue (Q3): $197.6 Mln vs. $175.0 Mln last year. -Revenue Change (Y-o-Y): 12.9%