Mosaic Co MOS posted a 22% decline in its fiscal fourth quarter profit.
Mosaic's quarterly net income dropped to $507.3 million, or $1.19 per share, from $649.2 million, or $1.45 per share, in the year-ago period.
Its revenue declined around 1% to $2.82 billion, versus analysts' estimates of $2.55 billion.
It lifted its quarterly dividend to $0.25 per share from 12.5 cents per share.
Mosaic shares rose 2.94% to $57.00 in pre-market trading.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in