04.10.2017 14:19:50
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Monsanto Co. Profit Rises 173% In Q4
(RTTNews) - Monsanto Co. (MON) announced earnings for its fourth quarter that rose compared to the same period last year.
The company said its bottom line climbed to $82 million, or $0.20 per share. This was higher than $30 million, or $0.07 per share, in last year's fourth quarter.
Analysts had expected the company to earn -$0.41 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 5.1% to $2.69 billion. This was up from $2.56 billion last year.
Monsanto Co. earnings at a glance:
-Earnings (Q4): $82 Mln. vs. $30 Mln. last year. -Earnings Growth (Y-o-Y): 173.3% -EPS (Q4): $0.20 vs. $0.07 last year. -EPS Growth (Y-o-Y): 185.7% -Analysts Estimate: -$0.41 -Revenue (Q4): $2.69 Bln vs. $2.56 Bln last year. -Revenue Change (Y-o-Y): 5.1%
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