Monsanto Earnings: Everything You Must Know Now

Monsanto Co. (NYSE:MON) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

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Monsanto Co. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 19.74% to $2.73 in the quarter versus EPS of $2.28 in the year-earlier quarter.

Revenue: Rose 15.25% to $5.47 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Monsanto Co. reported adjusted EPS income of $2.73 per share. By that measure, the company beat the mean analyst estimate of $2.58. It beat the average revenue estimate of $5.27 billion.

Quoting Management: “Our commitment to serving our farmer customers around the world is at the core of everything we do,” said Hugh Grant, chairman and chief executive officer for Monsanto. “By understanding their needs and finding new ways to work with them to meet growing demand, we’ve achieved momentum in our business and strong results across our global portfolio. Our performance underscores our expectation for a third consecutive year of strong earnings growth and reinforces our opportunities for the future as well. As we move into the second half of the year, we are thankful for the opportunity to serve our customers and continue to earn their business as a leader in this dynamic industry.”

Key Stats (on next page)…

Revenue increased 86.19% from $2.94 billion in the previous quarter. EPS increased 340.32% from $0.62 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.78 to a profit $1.73. For the current year, the average estimate has moved up from a profit of $4.43 to a profit of $4.57 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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