Mosaic’s Q2 Earnings Outshine Estimates, Profit Climbs
Mosaic‘s (MOS – Analyst Report) profits jumped in second-quarter 2015, helped by higher phosphate sales volumes, increased potash pricing and the company’s cost-cutting actions. Mosaic logged a profit of $390.6 million or $1.08 per share in the reported quarter, surging roughly 57% from $248.4 million or 64 cents a share a year ago. Earnings, barring one-time items,…