Monsanto (MON) Tops Q4 EPS by 9c
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Continued Soybean Technology Expansion and Cost Discipline Expected to Drive Return to EPS Growth in FY17
October 5, 2016 8:00 AM EDTFY16 as-reported EPS of $2.99 and ongoing EPS of $4.48; ongoing results above revised guidance Intacta RR2 PRO and Climate FieldView platform experienced rapid growth in FY16; U.S. delivered record corn volume, despite challenging agriculture environment As-reported FY17 EPS guidance at $3.83 to $4.35 and ongoing EPS guidance at $4.50 to $4.90; ongoing EPS growth year-over-year fueled by expected increased demand for Intacta RR2 PRO and Roundup Ready 2 Xtend® soybean traits Initial steps underway to close on deal with Bayer to unlock value for... More
