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Monsanto Co. Profit Rises 173% In Q4

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%

by RTT Staff Writer

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