the new - york american industry said , immediately , that profits totaled a modest $ 946 million , or 75 cents a stake , in the july - march period , up from $ 794 million , or 61 cents a share , a year earlier .
Net income grew to $369 million, or 83 cents per share, in the January-March period from $291 million, or 65 cents per share, a year ago.