CLSA Upgrades Mosaic (MOS) to Buy
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The Mosaic Company Reports Third Quarter 2016 Results
November 1, 2016 6:45 AM EDTPLYMOUTH, Minn., Nov. 1, 2016 /PRNewswire/ --Â The Mosaic Company (NYSE: MOS) today reported third quarter 2016 net earnings of $39 million, down from net earnings of $160 million in the third quarter of 2015. Earnings per diluted share were $0.11, which included a negative $0.30 impact from notable items and a benefit of $0.08 per share from lowering the expected full year effective tax rate accrual. Mosaic's net sales in the third quarter of 2016 were $2.0 billion, down from $2.1 billion last year. Operating earnings during the quarter were $70 million, down from $246 million a year ago, primarily driven by lower... More