Monsanto Up Over 4% on Strong Earnings and Guidance

Monsanto MON is up over 4% on the strong earnings and guidance that the company announced earlier today. Monsanto reported EPS of $1.26 vs. $1.11 estimate and revenues $3.59B vs. $3.38B estimate. The FY 2011 EPS guidance is $2.84-$2.88 vs. $2.82 estimate. The company had seen EPS of $2.72-$2.82. Monsanto is currently trading at $69.72, a gain of 4.22%.