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Mosaic: Q3 Earnings Snapshot

By AP News - Nov 12, 2024, 07:33 AM ET
Last Updated - Dec 16, 2024, 05:30 PM EST
Mosaic: Q3 Earnings Snapshot

TAMPA, Fla. (AP) — TAMPA, Fla. (AP) — Mosaic Co. (MOS) on Tuesday reported third-quarter earnings of $122.2 million.

The Tampa, Florida-based company said it had profit of 38 cents per share. Earnings, adjusted for non-recurring gains, came to 34 cents per share.

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The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.

The fertilizer maker posted revenue of $2.81 billion in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $3.28 billion.

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