Mosaic (MOS) Price Target Cut On Nutrient Price Drop - UBS

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The Mosaic Company Reports Fourth Quarter And Full-Year 2015 Results

February 11, 2016 6:46 AM EST

PLYMOUTH, Minn., Feb. 11, 2016 /PRNewswire/ -- The Mosaic Company (NYSE: MOS) today reported fourth quarter 2015 net earnings of $155 million, down from $361 million in the fourth quarter of 2014. Earnings per diluted share were $0.44 and included both a negative $0.16 impact from notable items and a benefit of $0.07 per share from adjusting the full year effective tax rate accrual. Mosaic's net sales in the fourth quarter of 2015 were $2.2 billion, down from $2.4 billion last year. Operating earnings during the quarter were $204 million, down from $365 million a year ago, impacted by lower potash and phosphate prices... More