The Mosaic Company (MOS) Sees Additional Impact from Changes in Saskatchewan's CRT Calculation
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Price: $32.22 +0.37%
Revenue Growth %: -18.3%
Financial Fact:
Diluted net earnings per share attributable to Mosaic: 0.11
Today's EPS Names:
BFRI, HCTI, IMPM, More
Revenue Growth %: -18.3%
Financial Fact:
Diluted net earnings per share attributable to Mosaic: 0.11
Today's EPS Names:
BFRI, HCTI, IMPM, More
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The Mosaic Company (NYSE: MOS) announced that the expected impact from the recent changes in Saskatchewan's Potash Production Tax (CRT) calculation will increase the Company's 2015 CRT pre-tax payments by $80 to $100 million. This increase in the Company's 2015 CRT obligation is additive to Mosaic's guidance for 2015 CRT and Canada Royalties of $215 to $275 million provided as of February 11, 2015.
The Company is continuing to assess potential ways to mitigate the increase, and expects to update all guidance, including CRT and Canadian Royalties, on April 30, in the first quarter 2015 earnings release.
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