More on Monsanto's (MON) FQ2 results: Raises FY 2013 EPS guidance to $4.40-$4.50 vs. $4.54...


More on Monsanto's (MON) FQ2 results: Raises FY 2013 EPS guidance to $4.40-$4.50 vs. $4.54 consensus and prior guidance of $4.30-$4.40. Net sales rose 15% to $5.5B, driven by a 16% increase in sales from its global corn business. Sales in seeds and genomics totaled $4.3B, $422M more than the same period last year. Shares +1% premarket.

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Comments (2)
  • Trickdog
    , contributor
    Comments (565) | Send Message
     
    Demand for shares will continue to rise for MON and the price will not likely stay this low for long....imo. Huge beat and raised guidance, and will continue to beat again and again.
    3 Apr 2013, 08:34 AM Reply Like
  • Mike Cowan
    , contributor
    Comments (177) | Send Message
     
    It is no secret that MON is a good place to be.
    3 Apr 2013, 12:34 PM Reply Like
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