Monsanto (MON) Updates on Core Pipeline, Innovation; Affirms FY16 EPS Guidance at Low-End of Outlook
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Accelerating the Future of Agriculture: Monsanto Uniquely Positioned to Deliver Integrated Solutions to Drive Long-Term Growth
August 17, 2016 11:30 AM EDTCore pipeline expected to deliver up to $25 billion in peak net sales with incremental value from new platforms and expected to deliver the fourth consecutive year of more than 20 advancements Company reconfirms FY16 as-reported EPS guidance at the low end of the range of $3.36 to $4.14 and ongoing EPS at the low-end of the range of $4.40 to $5.10 Innovation, platform expansion and financial discipline expected to drive strong long-term earnings power, with expected return to growth in EPS in FY17, accelerating to a mid-teens compounded annual EPS... More
