Monsanto Reaffirms 2011 Ongoing EPS Guidance of $2.72 to $2.82

Monsanto MON confirmed 2011 ongoing EPS guidance of $2.72 to $2.82 on an ongoing basis and $2.67 to $2.77 on an as-reported basis. The company continues to project free cash flow in the range of $800 million to $900 million, which reflects an expected investment of $600 million -to $700 million in capital expenditures. The company expects net cash provided by operating activities to be $1.7 billion to $1.9 billion, and net cash required by investing activities to be approximately $900 million to $1 billion for fiscal year 2011.