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Monsanto (MON) Stock Down on Q2 Earnings Miss

NEW YORK (TheStreet) -- Shares of Monsanto Co. (MON - Get Report) are declining by 0.23% to $85.90 on Wednesday morning, after the company posted lower-than-expected results for the 2016 fiscal second quarter.

Before today's opening bell, the St. Louis-based agriculture products company reported ongoing earnings of $2.42 per diluted share, below analysts' estimates of $2.44 per share.

Revenue slipped by 12.8% to $4.53 billion year-over-year and missed analysts' estimates of $4.76 billion.

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