Monsanto (MON) Misses Q1 EPS by 1c, Offers Outlook

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Go back to Monsanto (MON) Misses Q1 EPS by 1c, Offers Outlook

South American Soy Technology Demand, Glyphosate Pricing Contribute to Solid First-Quarter Earnings for Monsanto Company

January 4, 2018 8:00 AM EST

Delivers strong growth in quarterly earnings per share, with as-reported EPS of $0.38 and ongoing EPS of $0.41, compared to $0.07 and $0.21, respectively, in the prior year INTACTA RR2 PROTM soybean adoption in South America off to a good start in Q1; on pace to reach 60 million acres in FY18 Branded order mix supports expectations for 40 million acres of Roundup Ready 2 Xtend® soybeans in FY18 in the U.S. Quarterly results benefit from higher glyphosate pricing... More