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Tickers in this Article: MON
Monsanto Company (NYSE:MON) announced its results for the most recent quarter on October 3, 2012. Monsanto manufactures agricultural products.

Investors care about earnings because they drive stock prices. Strong earnings generally result in the stock price moving up and vice versa. SEE: How To Decode A Company's Earnings Reports

The Numbers: Monsanto's EPS fell in line with analyst expectations of -44 cents per share while revenue of $2.11 billion missed estimates of $4 billion. Revenue fell 6.1% from the same period last year. The company's net loss for the quarter was $229 million.

Management Quote: "We've proven our business on a global stage with back-to-back years of tremendous performance and momentum," said Hugh Grant, chairman and chief executive officer for Monsanto. "With more waves of innovation and global opportunities than ever before, I'm confident that by building off what we accomplished in 2012 we can achieve steady growth in fiscal year 2013 as we continue to deliver sustainable yield to our farmer customers."

Looking Ahead: Analysts appear increasingly negative about the company's results for the next quarter. The average estimate for the first quarter of the next fiscal year has moved down from 33 cents a share to 32 cents over the last 30 days. Decreasing earnings estimates is generally a negative sign as it suggests analyst believe future earnings to be weaker than previously anticipated. Over the past three months, the average estimate for the fiscal year has climbed from $3.56 per to share to $3.71.

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