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More on Monsanto's (MON) FQ4 results: In addition to missing its EPS and revenue numbers, MON...

  • Wednesday, October 3, 2012, 8:49 AM ET
    More on Monsanto's (MON) FQ4 results: In addition to missing its EPS and revenue numbers, MON issues downside guidance for FY 2013, seeing EPS of $4.18-$4.32 vs. $4.37 analyst consensus. For FY 2012, Seeds and Genomics sales were $9.8B, a 14% increase Y/Y; FQ4 sales in the segment were $1.2B, 10% lower Y/Y. MON -3.1% premarket.
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    “The biotech industry is taking us into a more pesticide-dependent agriculture when they’ve always promised, and we need to be going in, the opposite direction,” said Bill Freese, a science policy analyst for the Center for Food Safety in Washington.
    3 Oct 2012, 10:04 AM Reply Like
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