Earning Alert - Monsanto (MON) raises its FY12 EPS guidance to $3.73-3.78/share from $3.49-3.54 and vs. consensus of $3.56. - 5/30/12

Monsanto (MON) raises its FY12 EPS guidance to $3.73-3.78/share from $3.49-3.54 and vs. consensus of $3.56. The company sees Q3 EPS at $1.57-1.62 vs. consensus of $1.29. CEO Hugh Grant says the strong performance is about true demand from higher planted acres, and not, as possibly thought, just due to an early planting season. Shares +3% premarket

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