(Reuters) - Fortune, which makes Titleist golf equipment, Jim Beam bourbon and Sauza tequila, reported second-quarter net income of $232.0 million, or $1.48 per share, down 6 percent from $247.8 million, or $1.63 per share, a year earlier, when a tax-related gain boosted results.
Excluding a restructuring charge, the company earned $1.53 per share, handily beating the analysts' average forecast of $1.44, according to Reuters Estimates.
Read more at Reuters.com Bonds News
Excluding a restructuring charge, the company earned $1.53 per share, handily beating the analysts' average forecast of $1.44, according to Reuters Estimates.
Read more at Reuters.com Bonds News
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