in this issue
Regions :: North America
Monsanto’s Stock Continues Surge on Strong Earnings
2:16 PM MST | January 14, 2008 | Michelle Bryner
Monsanto reported net income for its first fiscal quarter, ended November 30, 2007, of $256 million (46 cts/share), nearly triple the company’s net income of $90 million for the year-ago period, and beating the consensus of analysts’ estimates as reported by First Call (Boston) of 35 cts/share. Sales increased 36%, to $2.1 billion, exceeding Bank of America’s (New York) estimate of $1.9 billion. Key drivers include increased sales of Roundup glyphosate herbicides in Argentina, Brazil, and Europe, as well as stronger adoption of the...
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: