Mosaic: Q2 Earnings Snapshot

Associated Press Finance
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TAMPA, Fla. (AP) — TAMPA, Fla. (AP) — Mosaic Co. (MOS) on Tuesday reported second-quarter profit of $369 million.

On a per-share basis, the Tampa, Florida-based company said it had net income of $1.11. Earnings, adjusted for non-recurring gains, were $1.04 per share.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share.

The fertilizer maker posted revenue of $3.39 billion in the period, which beat Street forecasts. Five analysts surveyed by Zacks expected $3.18 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MOS at https://www.zacks.com/ap/MOS

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