Results include 2 cents a share in reorganization charges.
The 2010 result included 5 cents a share of reorganization costs, less than the 9 cents a share recorded a year ago.
Lexmark said the quarterly earnings included $18 million in tax benefits because of the completion of tax audits, and a charge of 12 cents a share for reorganization measures.
In the quarter a year earlier, after charges of $444 million, or 42 cents a share, for reorganization in the company's agricultural and nylon businesses, net income was $181 million, or 17 cents a share.
Although United does not have a subsidiary comparable to Pinnacle, it could use its new shares after reorganization to help shore up its employee pension plans.
In the period a year earlier, the company posted a net loss of $783.5 million, or $4.65 a share, because of reorganization costs.
In the 1999 quarter, a charge of $120 million, or 8 cents a share, for the reorganization resulted in net income of $1.15 billion, or 80 cents a share.
Excluding charges of $191 million, or 5 cents a share, for the reorganization, in which 5,200 employees were laid off, and 2 cents a share to reduce inventory of concentrate, profit was $1.2 billion, or 44 cents a share.
Common-stock owners are expected to get 17percentt of the shares after the reorganization, down from 30percentt under an earlier plan.
[C2.] Aon Shares Drop on Reorganization The insurance broker Aon announced flat third-quarter revenue and earnings and a reorganization that will cost up to $325 million and cut 6percentt of its work force.
