Monsanto Q3 Profit Rises; Reconfirms Full-year Guidance - Quick Facts

(RTTNews) - Monsanto Co. (MON) reported that its third-quarter net income attributable to company increased to $1.14 billion or $2.39 per share from the prior year's $858 million $1.62 per share in the previous year.

Analysts polled by Thomson Reuters expected the company to report earnings of $2.07 per share for the quarter. Analysts' estimates typically exclude special items.

Net Sales for the latest third quarter rose to $4.58 billion from $4.25 billion in the prior year quarter, while 16 analysts had a consensus revenue estimate of $4.61 billion for the quarter.

or fiscal-year 2015, the company still expects ongoing earnings per share to be at the low end of the range of $5.75 to $6.00. Full-year 2015 earnings per share guidance on an as-reported basis continues to be expected in the low end of the range of $5.80 to $6.05 per share. Analysts expect annual earnings of $5.77 per share.