The Mosaic Company (MOS) Tops Q1 EPS by 10c, FY EPS Guidance Misses

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The Mosaic Company Reports First Quarter 2019 Results

May 6, 2019 5:03 PM EDT

PLYMOUTH, Minn.--(BUSINESS WIRE)-- The Mosaic Company (NYSE: MOS) reported first quarter 2019 results.

Highlights:

Mosaic reported first quarter 2019 net earnings of $131 million compared to $42 million last year, and diluted earnings per share (EPS) of $0.34 compared to $0.11 last year, both on revenues of $1.9 billion. For the period, adjusted EBITDA(1) was $430 million compared to $399 million in the prior year period, and EPS(1) was $0.25 compared to $0.20 in the prior year period. Notable items in the quarter primarily related to foreign currency... More