The Mosaic Company (MOS) Misses Q1 EPS by 4c

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The Mosaic Company Reports First Quarter 2015 Earnings Results

April 30, 2015 5:58 AM EDT

PLYMOUTH, Minn., April 30, 2015 /PRNewswire/ -- The Mosaic Company (NYSE: MOS) today reported first quarter 2015 net earnings of $295 million, compared to $218 million in the first quarter of 2014. Earnings per diluted share were $0.80 in the quarter compared to $0.54 last year. Notable items positively impacted current quarter earnings per share by $0.10. Mosaic's net sales in the first quarter of 2015 were $2.1 billion, up from $2.0 billion last year. Operating earnings during the quarter were $319 million, up from $267 million a year ago, driven by higher phosphate and potash prices, higher phosphate sales volumes and lower operating... More