Market Overview

UPDATE: Monsanto Posts Upbeat Q1 Profit

Share:
Related MON
Monsanto Q3 Earnings Beat Estimates
Keep an Eye on These 7 Stocks for June 24, 2015
Monsanto: Neutral On Overvaluation And Lowered Q4 Outlook (Seeking Alpha)

Monsanto Co (NYSE: MON) reported a rise in its fiscal first-quarter profit.

Monsanto's quarterly earnings surged to $339 million, or $0.63 per share, from $126 million, or $0.23 per share, in the year-earlier period.

Its total net sales climbed to $2.94 billion from $2.44 billion. However, analysts were expecting earnings of $0.36 per share on revenue of $2.64 billion.

Monsanto shares gained 4.15% to $99.88 in pre-market trading.

Posted-In: profitEarnings News

 

Related Articles (MON)

Around the Web, We're Loving...

Get Benzinga's Newsletters