I am a Certified Public Accountant and currently work as a Senior Financial Analyst at a Fortune 500 company. In the past, I worked as a Series 7 licensed stock broker, auditor at a Big 4 accounting firm, general ledger accountant and systems administrator at a small private company. As you can... More
Jun 27, 2012 8:31 AM
| about stocks: MOS, POT, MON
Monsanto Co. (MON) released 3rd Quarter earnings this morning. Adjusted earnings per share were $1.63, with analysts expecting $1.58 per share. Actual revenue was $4.22 billion with analysts expecting $4.0 billion.
The company's diluted adjusted earnings of $1.63 per share from ongoing operations came in a the high end of analysts expectations and they reaffirmed their FY2012 earnings expectations. The company confirmed that full year EPS should be in the $3.65 to $3.70 range.
Shares of the company were moderately higher in pre-market trading, rising 1%. Over the past year, Monsanto stock has significantly outperformed major indices.
(click to enlarge)
Monsanto's competitors include Potash Corp. (POT) and Mosaic Company (MOS).
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha
community. Instablog posts are not selected, edited or screened by Seeking Alpha editors,
in contrast to contributors' articles.
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.
Monsanto Reports Quarterly Earnings 0 comments
Monsanto Co. (MON) released 3rd Quarter earnings this morning. Adjusted earnings per share were $1.63, with analysts expecting $1.58 per share. Actual revenue was $4.22 billion with analysts expecting $4.0 billion.
The company's diluted adjusted earnings of $1.63 per share from ongoing operations came in a the high end of analysts expectations and they reaffirmed their FY2012 earnings expectations. The company confirmed that full year EPS should be in the $3.65 to $3.70 range.
Shares of the company were moderately higher in pre-market trading, rising 1%. Over the past year, Monsanto stock has significantly outperformed major indices.
(click to enlarge)
Monsanto's competitors include Potash Corp. (POT) and Mosaic Company (MOS).
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
Share this Instablog
Latest Followers
Latest Comments
Most Commented
Posts by Themes