Mosaic Co. (MOS) released earnings for fourth quarter that decreased from the same period last year and missed the Street estimates.
The company's earnings totaled $664.8 million, or $1.76 per share. This compares with $827.9 million, or $2.17 per share, in last year's fourth quarter.
Excluding items, Mosaic Co. reported adjusted earnings of $1.95 per share for the period.
Analysts on average had expected the company to earn $1.98 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 56.1% to $3.84 billion from $2.46 billion last year.
Mosaic Co. earnings at a glance (GAAP) :
-Earnings (Q4): $664.8 Mln. vs. $827.9 Mln. last year.
-EPS (Q4): $1.76 vs. $2.17 last year.
-Analyst Estimates: $1.98
-Revenue (Q4): $3.84 Bln vs. $2.46 Bln last year.
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