People & Business :: Companies
Monsanto’s Third-Quarter Earnings Soar
4:36 AM MDT | August 7, 2007 | Nancy Seewald
Monsanto posted its fiscal third-quarter earnings up 71% over the year-ago period, to $570 million ($1.03/share), citing increased revenues of corn seed and traits in the U.S. and glyphosate-based herbicides in Africa, Europe, and North America. Sales rose 23%, to $2.8 billion. Results were partially offset by lower cotton trait sales in the U.S., however, Monsanto says. The company beat analysts’ earnings estimates of $1.00/share. Monsanto’s seed and genomics business posted sales for the quarter up 31%, at $1.7 billion. Sales for the company’s...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee