Weaker Pricing Causes Earnings To Tumble At Mosaic
November 05, 2013 at 11:29 AM EST
This morning, Mosaic (MOS) reported third quarter earnings of $124.4 million, or 29 cents per share, as revenue slumped to $1.91 billion. The company noted that it is seeing lower prices for both potash and phosphate across all regions and expects pricing to remain challenging for at least another year.