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More on Monsanto's (MON) FQ1 results: Seeds and genomics sales rose 14% to $1.8B, with corn seed...

More on Monsanto's (MON) FQ1 results: Seeds and genomics sales rose 14% to $1.8B, with corn seed and traits net sales up 27% Y/Y to $1.1B, driven by strength in Brazil, Argentina and Mexico. Raises FY13 EPS guidance to $4.30-$4.40 vs. prior $4.18-$4.32 and $4.40 consensus. Raises FY13 free cash flow guidance to $1.8B-$2B. Shares look headed to new 52-week highs, +4.7% premarket.
Comments (3)
  • does anyone know what a Trait is???? I know what a seed is....but a trait....
    8 Jan 2013, 09:06 AM Reply Like
  • Traits would be things like Round-Up resistant or herbicide resistant or high yield. They are characteristics of the plant.
    8 Jan 2013, 09:36 AM Reply Like
  • mucho gracias
    9 Jan 2013, 08:30 AM Reply Like
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