Mosaic: Q2 Earnings Snapshot

August 1, 2022 GMT

TAMPA, Fla. (AP) _ Mosaic Co. (MOS) on Monday reported second-quarter profit of $1.04 billion.

The Tampa, Florida-based company said it had net income of $2.85 per share. Earnings, adjusted for non-recurring costs, came to $3.64 per share.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.93 per share.

The fertilizer maker posted revenue of $5.37 billion in the period, also falling short of Street forecasts. Five analysts surveyed by Zacks expected $5.61 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MOS at https://www.zacks.com/ap/MOS