Monsanto (MON) Tops Q2 EPS by 40c; Sees FY EPS at High End
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Monsanto Continues Return to Growth in Fiscal Year 2017 With Strong Second Quarter and First Half Results; Updates Outlook for Full Year EPS to High End of Guidance Range
April 5, 2017 8:00 AM EDTCompany delivers FY17 second quarter as-reported EPS of $3.09 and ongoing EPS of $3.19 Full year 2017 EPS guidance now expected to be at high end of the range of $3.95 to $4.44 on an as-reported basis and $4.50 to $4.90 on an ongoing basis Roundup Ready 2 Xtend® soybeans now expected to reach 18 million U.S. acres; INTACTA RR2 PROTM soybeans anticipated to expand to 45 to 55 million acres in South America Continue to expect growth in global corn platform, led by price increases in local currency in... More
