Mosaic Co. Q4 Profit Decreases, misses estimates

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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