Monsanto (MON) Tops Q1 EPS by 20c
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Monsanto Company Returned to Earnings Per Share Growth with Strong First Quarter Results
January 5, 2017 8:00 AM ESTDelivered as-reported earnings per share of $0.07 and earnings per share on an ongoing basis of $0.21; above the prior year ongoing loss as expected Company guides to full-year as-reported earnings per share of $3.97-to-$4.45 and reconfirms $4.50-to-$4.90 for ongoing earnings per share Intacta RR2 PRO penetration in South America drives increase of approximately 50 percent in soybean gross profit in the first quarter; corn gross profit grew significantly Industry-leading R&D pipeline delivers more than 20 advancements for fourth consecutive year with a record 14... More
