Bayer (BAYRY) Beats on Q2 Earnings, Updates 2016 Outlook

Bayer AG ‘s BAYRY second-quarter core earnings increased 4% year over year to €2.07 per share (approximately $ 2.34 per share). Core earnings of $ 2.34 per share significantly beat the Zacks Consensus Estimate of $ 2.19. However, total sales fell 1.4% to €11.8 billion (approximately $ 13.4 billion) on a reported basis in the… Read More: Bayer (BAYRY) Beats on Q2 Earnings, Updates 2016 Outlook »