Monsanto Co, the world's largest seed company, reported better-than-expected first-quarter earnings on Wednesday as higher herbicide sales offset a decline in sales from its corn portfolio. Monsanto, a developer of genetically engineered corn, soybeans and other crops, said it earned $373 million in the quarter ended Nov. 30, up from $349 million a year earlier.The profit amounted to 67 cents a share from continuing operations, up from 62 cents a year ago. Analysts expected 64 cents a share, according to Thomson Reuters I/B/E/S.On a net basis, the company earned 69 cents a share, up from 63 cents a year earlier.Net sales rose to $3.14 billion from $2.94 billion a year ago.
Monsanto Company (Monsanto) along with its subsidiaries, is a provider of agricultural products for farmers. Shares of MON fell by 2.11% or $-2.44/share to $113.24. In the past year, the shares have traded as low as $94.00 and as high as $117.50. On average, 2457820 shares of MON exchange hands on a given day and today's volume is recorded at 5647918.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.8% or $-0.3/share to $37.27. In the past year, the shares have traded as low as $29.22 and as high as $38.73. On average, 776754 shares of TRI exchange hands on a given day and today's volume is recorded at 687810.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.22% or $0.09/share to $40.14. In the past year, the shares have traded as low as $28.85 and as high as $40.70. On average, 923558 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 590467.
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