Monsanto (MON) Misses Q2 EPS by 9c, Offers Outlook

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Monsanto Company Optimistic on Closure of Merger with Bayer; First Half as-Reported EPS Remains Ahead of Prior Year with Announcement of Second Quarter Financial Results

April 5, 2018 8:00 AM EDT

Achieves as-reported second quarter EPS of $3.27 and $3.22 in ongoing quarterly EPS First half as-reported EPS tracks ahead of the prior year from benefits of newest soybean technologies, lower taxes and improved glyphosate pricing INTACTA RR2 PROTM soybeans reach 60 million acres in FY18, as expected Roundup Ready Xtend® Crop System expected to reach nearly 50 million acres, with Roundup Ready 2 Xtend® soybeans trending to 40 million acres and Bollgard® II XtendFlex® cotton to 8 million acres; initial estimates... More