Agriculture & Fertilizer Stocks

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Friday, October 3, 2008

Monsanto Co

Monsanto Co (MON) has topped consensus estimates consistently for the last 4 quarters. On Thursday, the company boosted its 2008 earnings outlook for the second time in as many months to dispel fears of high phosphorous prices upsetting its business. The analyst community accordingly narrowed its quarterly loss view for Monsanto to 12 cents per share. The most accurate estimate, however, is pegged at a loss of 10 cents for the fourth quarter. Monsanto is scheduled to report on Wednesday, Oct 10, before the start of trading.

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