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Excluding an after-tax reorganization charge of $261 million, the company earned $777 million, or 55 cents a share, down 3percentt from $799 million, or 58 cents a share, in the quarter a year earlier, which excluded a charge of $385 million for the reorganization.
Adjusted earnings were $1.03 a share and excluded a charge related to settling a patent claim.
Adjusted earnings were $1.03 a share and excluded a charge related to the settlement of a patent claim.
The results, which matched Wall Street expectations, excluded a charge of $30 million after taxes, or 11 cents a share, related to Unilever's planned acquisition.
Similar(56)
Earnings per share rose 47percentto to 25 cents a share, from 17 cents a share a year earlier, excluding a charge of 8 cents a share in 1999 related to the acquisitions.
The figures exclude a charge of 9 cents a share for a staff reduction.
Excluding a charge for a legal settlement, the year-earlier profit was 45 cents a share.
Excluding a charge, earnings were 68 cents a share in the quarter.
Excluding a charge for employee severance and a voluntary early retirement program, the company lost $10 million, or 2 cents a share.
Excluding a charge for early payment of debt, the loss was $251 million, or 85 cents a share.
Excluding a charge related to the departure from some Medicare markets, the loss was $36.6 million, or 26 cents a share.
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