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The Mosaic Company is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic is a single source provider of phosphate and potash fertilizers and feed ingredients for the global agriculture industry.
The Mosaic Company Reports First Quarter Results
NET EARNINGS UP 77 PERCENT TO $526 MILLION
EARNINGS PER SHARE UP 75 PERCENT TO $1.17
The Mosaic Company (NYSE:MOS) reported first quarter fiscal year 2012 net earnings of $526 million, up 77 percent from $298 million in the prior year quarter. Earnings per diluted share were $1.17 in the quarter, up 75 percent from $0.67 per diluted share in the prior year period. Mosaic's net sales in the first quarter of fiscal 2012 were $3.1 billion, a 41 percent increase from $2.2 billion in the same period last year.
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