Chemical Week Magazine :: Business & Finance :: United States/Americas
Monsanto Raises Full-Year Earnings Outlook
10:11 AM MDT | September 22, 2008 | Nancy Seewald
Monsanto has raised its full-year earnings estimates for the fiscal-year ended September 30, citing higher-than-expected sales and gross profit in its seeds and traits business. The company expects ongoing earnings of $3.58/share-$3.60/share, up from previous guidance of $3.37/share and from analysts’ consensus estimates of $3.45/share, as reported by First Call (Boston). Monsanto’s report implies a fiscal fourth-quarter loss of 8 cts-10 cts/share, says Kevin McCarthy, analyst at Bank of America (New York). Bank of America raised its fourth-quarter...
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