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The Mosaic Company

Basic Materials | Agricultural Chemicals | USA


Mosaic's (MOS) Earnings and Sales Trail Estimates in Q2

The Mosaic Company MOS swung to a net loss of $233.1 million or 60 cents per share in second-quarter 2019 from a profit of $67.9 million or 18 cents in the year-ago quarter. The bottom line includes $284 million noncash after-tax charge related to the permanent closure of the Plant City phosphate facility. 

Barring one-time items, adjusted earnings per share (EPS) of 12 cents missed the Zacks Consensus Estimate of 30 cents.

Net sales fell roughly 1.3% year over year to $2,176.9 million in the quarter. The figure trailed the Zacks Consensus Estimate of $2,252.3 million.


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https://finance.yahoo.com/news/mosaics-m...01119.html

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