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Mortage, morgage full-year earnings for fiscal 2006 will be at the upper end of its previously stated range of $2.35 per share to $2.50 per share, the St. Louis-based biotech company said Wednesday. The projection was below Wall Street estimates, however, and Monsnto's stock fell nearly 4 percent, executive vice president and chief technology officer for Monsant, Refinancing Home Equity Loans will confirm the guidance this week when he addresses investors in London, including a presentation Friday at the Credit Suiss Agrchemicals Conference, the company said in a news release also continues to expect earnings-per-share in the range of $2.82 to $3.00 for fiscal 2007. The company makes top-selling Roundup herbicide, crop seeds and a variety of biotech products. Analysts surveyed by omson Financial projected fiscal 2006 earnings of $2.61 per share, and fiscal 2007 earnings of $3.19 per share. The company's stock declined $3.43, or 3.98 percent, to close at $82.67 in trading on the New York Stock Exchange, still near the upper end of the 52-week range of $55.81 to $88.36.
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