Monsanto (MON) Posts Mixed Q2 Results; Raises FY11 Free Cash Flow Outlook
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Monsanto Co. (NYSE: MON) reported Q2 EPS of $1.87, $0.02 better than the analyst estimate of $1.85. Revenue for the quarter came in at $4.13 million versus the consensus estimate of $4.15 billion.
Affirms FY11 outlook: adj-EPS of $2.72-$2.82, vs. the consensus of $2.85. Increases free cash flow outlook to $900 million to $1.1 billion.
Affirms FY11 outlook: adj-EPS of $2.72-$2.82, vs. the consensus of $2.85. Increases free cash flow outlook to $900 million to $1.1 billion.
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