The Mosaic Company (MOS) Misses Q3 EPS by 1c, Revenues Beat; Raises FY18 EPS Outlook Above Consensus

Go back to The Mosaic Company (MOS) Misses Q3 EPS by 1c, Revenues Beat; Raises FY18 EPS Outlook Above Consensus

The Mosaic Company Reports Third Quarter 2018 Results

November 5, 2018 4:30 PM EST

Raises Full-Year Adjusted EBITDA and EPS Guidance

PLYMOUTH, Minn.--(BUSINESS WIRE)-- The Mosaic Company (NYSE: MOS) today reported third quarter 2018 net earnings of $247 million. Adjusted EBITDA(1) during the quarter was $606 million, up sequentially and year-over-year. Third quarter diluted earnings per share (EPS) were $0.64, which included a negative impact of $0.11 per share from notable items, primarily related to discrete tax items and costs associated with the Vale Fertilizantes acquisition. Adjusted EPS(1) during the third quarter of 2018 was $0.75, ahead of last year and the second quarter of 2018.

Year-to-date net earnings were $358... More