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Will Accelerated Buyback Overcome Weak Monsanto Guidance?

Monsanto Co. (NYSE: MON) reported fourth-quarter and fiscal 2015 results before markets opened Wednesday. The fertilizer and seed maker reported quarterly an adjusted diluted net loss of $0.19 on revenue of $2.36 billion. In the same period a year ago, Monsanto reported a net loss of $0.27 on revenue of $2.63 billion. Fourth-quarter results also compare to the Thomson Reuters consensus estimates for a net loss of $0.02 and $2.76 billion in revenue.

For the full year, Monsanto reported adjusted diluted earnings per share (EPS) of $5.73 on revenues of $15.0 billion, compared with EPS of $5.23 and revenues of $15.86 billion last year. Analysts were expecting EPS of $5.75 on revenues of $15.4 billion.

For fiscal year 2016, Monsanto is forecasting EPS of $5.10 to $5.60. The company said the forecast “reflects in part an estimated $0.35 to $0.40 of headwinds from currency, $0.50 to $0.85 of headwinds from...