Monsanto (MON) Misses Q3 EPS Views; Offers Informal Update on Bayer Proposal
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Monsanto Reports Third Quarter Financial Results; Company Remains Innovation Partner of Choice, Securing Several Recent Technology and Operational Agreements
June 29, 2016 8:01 AM EDTCompany delivers FY16 Q3 as-reported EPS of $1.63, $2.17 on an ongoing EPS basis Full-year FY16 as-reported EPS guidance adjusted to $3.36 to $4.14 to reflect Argentine-related tax matters partially offset by a favorable change in the expected amount and timing of restructuring expense; anticipate being at low ends of as-reported range and ongoing EPS range of $4.40 to $5.10 given increased headwinds in Q3 Focus on strategic portfolio management and licensing commitments has led to several recent technology and operational agreements New technologies, platform... More
