IHS Chemical Week

Chemical Week Magazine :: Newsbriefs

Mosaic Misses Earnings Estimates; Shares Plunge 40%

12:35 PM MDT | October 3, 2008 | Chemical Week Editorial Staff

Prokopanko: Strong long-term ag outlook. Mosaic reported net earnings of $1.2 billion ($2.65/share) for its fiscal first quarter ended August 31, nearly quadruple its results in the year-ago period. Excluding certain derivative losses, earnings were $2.83/share, below First Call (Boston) analysts’ consensus estimates of $2.94/share. Sales doubled, to $4.3 billion. Mosaic’s share price plunged more than 40% on October 2, after the earnings announcement as fears over weak demand for commodities and the worsening credit crunch spooked investors, analysts...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2012 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa