Monsanto (MON) Misses Q4 EPS by 17c; Guides FY15 EPS Below Views
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Global Portfolio, Leading Innovation and Financial Discipline Enabled Year of Solid Performance for Monsanto, Backing Confidence in Long-Term Growth Opportunity
October 7, 2015 8:02 AM EDTFY15 EPS of $5.73 on an ongoing basis and $4.81 on an as-reported basis With continuing industry headwinds, FY16 ongoing EPS guidance at $5.10 to $5.60; $4.44 to $5.01 on an as-reported basis as a result of forecasted charges related to announced restructuring actions Announces new $3 billion accelerated share repurchase program under its current share repurchase authorization, as it progresses toward its targeted capital structure Confirms five year plan to deliver more than double 2014 ongoing EPS by 2019, with more than 20 percent annual growth in ongoing EPS... More
