Monsanto (MON) Surges 9% on Raised Guidance
Tweet
Share
E-mailGet Alerts MON Hot Sheet
Price: $10.07 --0%
Financial Fact:
Net Income (Loss) Attributable to Monsanto Company: 1.64
Today's EPS Names:
CHA, EDXC, YAYO, More
Financial Fact:
Net Income (Loss) Attributable to Monsanto Company: 1.64
Today's EPS Names:
CHA, EDXC, YAYO, More
Join SI Premium – FREE
Monsanto Co. (NYSE: MON) has surged 9% in pre-open action following raised guidance from the company.
Monsanto projects full-year ongoing EPS of $3.15 to $3.25, an increase versus the previous ongoing guidance of $2.70 to $2.80. The Wall Street consensus is $2.87. For the second-quarter, the company expects ongoing EPS in the range of $1.75. The Wall Street consensus is $1.35.
Monsanto cited leading corn market share positions, accelerated biotechnology trait penetration and new value generated by Roundup and other glyphosate-based herbicides. [LJ]
Monsanto projects full-year ongoing EPS of $3.15 to $3.25, an increase versus the previous ongoing guidance of $2.70 to $2.80. The Wall Street consensus is $2.87. For the second-quarter, the company expects ongoing EPS in the range of $1.75. The Wall Street consensus is $1.35.
Monsanto cited leading corn market share positions, accelerated biotechnology trait penetration and new value generated by Roundup and other glyphosate-based herbicides. [LJ]
You May Also Be Interested In
- The Gap, Inc. (GAP) Tops Q2 EPS by 3c
- HealthEquity (HQY) Tops Q2 EPS by 5c ; Offers Guidance
- Build-A-Bear Workshop (BBW) Tops Q2 EPS by 3c, Misses on Revenue; Offers FY Guidance
Create E-mail Alert Related Categories
Guidance, Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
