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More on Mosaic (MOS): Lower phosphate sales (off 30%) and prices (off 8%) are behind an 18.4%...
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Tuesday, October 2, 2012, 7:20 AM ETMore on Mosaic (MOS): Lower phosphate sales (off 30%) and prices (off 8%) are behind an 18.4% Y/Y decline in earnings and 19.3% decline in revenues. Potash sales of 1.9M tons come in at the week end of expectations, thanks to soft demand in China and India. FQ2 guidance: Phosphate sales of 3-3.4M tons (vs. FQ1 of 2.7M) and potash sales of 1.6-1.9M tons (vs. FQ1 of 1.9M). Shares -1.7% premarket. (PR)
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