Mosaic Posts 19-Cent Adjusted Q3 Loss as Phosphate Unit Loses $194 Million

Photo: TokenPost
The Mosaic Company posted an adjusted loss of 19 cents per share for the third quarter Tuesday, missing analysts’ expectations by 17 cents per share despite revenue above estimates. The phosphate business recorded a $194 million operating loss. Rising sulfur and ammonia expenses, combined with weaker sales volumes, more than offset stronger selling prices and pressured the segment’s results. Mosaic secured sulfur for the fourth quarter at a lower cost, though higher-cost materials bought earlier are expected to weigh on earnings for that period. The lower-cost sulfur is expected to provide its main benefit in early 2027.
Source: TokenPost







