Thursday, March 3, 2016

Monsanto Co. (MON) Pulled Back After 2016 Forecast Lowered

Monsanto Co. (MON) announced Wednesday morning that full year 2016 ongoing EPS are expecting to be between $4.40 and $5.10 and as-reported earnings of $3.42 to $4.29 per share. Earlier expectations were for ongoing EPS at the lower half of its prior range of $5.10 to $5.60 and as-reported earnings of $4.12 to $4.79 per share. The consensus estimate is for EPS of $5.14.

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