Mosaic’s profit (NYSE:MOS) increases slightly

Mosaic (NYSE:MOS) records low profit

In brief: Mosaic (NYSE:MOS) profit not reached before the analysts' expectations in first quarter.

The second largest in North America, fertilizer producer Mosaic (NYSE:MOS) has reported an increase in profit in the first quarter, ending in August, which, however, not reached to the expectations of analysts.

Thus, Mosaic’s earnings per share were 67 cents, while analysts had forecast 71 cents. Net income rose to $ 297.7 million compared with $ 100.6 million a year earlier. Sales at the same time increased 50% to $ 2.19 billion analysts were disappointed the company a profit today.

Anrey Torbinski
2010-10-05 21:05, Uncategorized.

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