Market Overview

UPDATE: Mosaic Posts 22% Drop In FQ4 Profit, Raises Dividend

Share:
Related MOS
Foot Locker, Mosaic, Nuance And TLT: Fast Money Picks For February 28
Benzinga's Top Upgrades, Downgrades For February 8, 2017
Adage Capital Partners Gp Llc Buys Wells Fargo, General Dynamics, Puma Biotechnology, Sells ... (GuruFocus)

Mosaic Co (NYSE: 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.

Posted-In: profitEarnings News Dividends

 

Related Articles (MOS)

View Comments and Join the Discussion!