Originally posted on 24/7 Wall St.:
Monsanto Co. (NYSE: MON) reported second-quarter fiscal 2013 results before markets opened this morning. The fertilizer and seed maker reported adjusted diluted earnings per share (EPS) of $2.73 on revenue of $5.47 billion. In the same period a year ago, Monsanto reported adjusted diluted EPS of $2.28 on revenue of $4.75 billion. Second-quarter results also compare to the Thomson Reuters consensus estimates for EPS of $2.58 and $5.27 billion in revenue.
On a GAAP basis, diluted second-quarter EPS totaled $2.74.
Monsanto’s chairman/CEO said: