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Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers

Mosaic Earnings Up 64% on Robust Potash and Phosphates Demand

10:09 AM MDT | July 19, 2011 | Rebecca Coons

Mosaic reported earnings of $649 million ($1.45/share) in its fiscal fourth quarter, a 64% increase compared to the same period last year as volumes and selling prices for both potash and phosphates posted solid increases. Analysts had expected earnings of $1.38/share, as reported by Thomson Reuters (New York). Sales increased 54%, to $2.9 billion....

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