The Mosaic Company Reports Q2 Revenue of $1.01B

The Mosaic Company MOS announced today net earnings of $1.0 billion, or $2.29 per diluted share, for the second quarter ended November 30, 2010. The second quarter results include an after tax gain of $570 million, or $1.28 per share, on the sale of its interest in Fosfertil S.A. These results compare with net earnings of $107.8 million, or $0.24 per diluted share, for the second quarter ended November 30, 2009.