Scotts: Fiscal 2Q Earnings Snapshot

MARYSVILLE, Ohio (AP) _ Scotts Miracle-Gro Co. (SMG) on Wednesday reported fiscal second-quarter net income of $252.2 million.

On a per-share basis, the Marysville, Ohio-based company said it had profit of $4.47. Earnings, adjusted for one-time gains and costs, came to $4.50 per share.

The lawn and garden products company posted revenue of $1.38 billion in the period.

Scotts expects full-year earnings in the range of $4.95 to $5.15 per share.

Scotts shares have increased 23% since the beginning of the year. The stock has climbed 40% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SMG at https://www.zacks.com/ap/SMG

Automated Insights, source Associated Press News