BRIEF-Monsanto Q4 Loss Per Share of $0.44 on an as-reported basis

Wed Oct 5, 2016 9:10am EDT
 
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Oct 5 (Reuters) - Monsanto Co

* Continued Soybean Technology Expansion And Cost Discipline Expected To Drive Return To EPS Growth In FY17

* Initial Steps Underway To Close On Deal With Bayer To Unlock Value For Shareowners

* Continued Soybean Technology Expansion And Cost Discipline Expected To Drive Return To Eps Growth In Fy17

* Q4 Earnings Per Share View $-0.03, Revenue View $2.36 Billion -- Thomson Reuters I/B/E/S

* Company Reiterated Confidence In Timelines To Close Deal With Bayer By End Of Calendar Year 2017

* In 2017, Company Expects Agricultural Productivity Segment To Deliver $900 Million To $1 Billion Of Gross Profit

* In Soybeans, Greater Than 20 Percent Growth In Gross Profit, Coupled With Margin Improvement, Is Expected Year-Over-Year In Fiscal 2017

* Operating Expenses In 2017 Expected To More Than Offset Savings From Restructuring And Cost-Savings Plans   Continued...