UPDATE: Fortune Reports Decline In Q2 Earnings From Continuing Operations

Monica Gerson , Benzinga Staff Writer

August 04, 2011 8:56am Comments

Fortune Brands Inc (NYSE: FO) reported a drop in Q2 earnings from continuing operations.

Fortune's earnings from continuing operations, excluding charges and gains, came in at $0.71 per share, versus $0.74 per share, in the year-ago period.

Fortune's net income rose to $330 million, or $2.09 per share, from $229.4 million, or $1.49 per share, in the year-ago period. Its sales from continuing operations climbed 5% to $1.59 billion.

Fortune shares closed at $57.94 yesterday.

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UPDATE: Fortune Reports Decline In Q2 Earnings From Continuing Operations

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