The company reported earnings of $243 million, or 47 cents per share, down from $368 million, or 67 cents per share, a year ago. On average, analysts expected to see EPS of 35 cents.
Revenue came in at $2.87 billion, down from $3.14 billion last year. Analysts expected to see revenue of $2.8 billion.
The company expects to see EPS between $5.78 and $6.03. The company expects to see a 5%-10% decline in EPS due to lower U.S. corn acres.
Firing on All Cylinders
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||1.80%|
|VFINX||Vanguard 500 Index||1.14%|
The Bottom Line
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