Mosaic: Q4 Financial Results Overview

Mosaic Co. Reports Fourth-Quarter Loss

Mosaic Co., headquartered in Tampa, Florida, announced a net loss of $519.5 million for the fourth quarter.

The company reported a loss of $1.64 per share. After adjusting for one-time items, earnings stood at 22 cents per share.

These results fell short of analysts’ expectations. According to a survey by Zacks Investment Research, the consensus estimate among five analysts was 48 cents per share.

Quarterly revenue reached $2.97 billion, which was also below projections. Analysts had anticipated revenue of $3.21 billion for the period.

For the full year, Mosaic Co. recorded a profit of $540.7 million, or $1.70 per share, with total revenue amounting to $12.05 billion.