Investing.com - Mosaic reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Mosaic announced earnings per share of $1.95 on revenue of $3.84B. Analysts polled by Investing.com anticipated EPS of $1.97 on revenue of $3.84B.
Mosaic shares are up 12.06% from the beginning of the year and are trading at $40.20 , down-from-52-week-high.They are outperforming the S&P 500 which is down 9.68% from the start of the year.
Mosaic shares lost 9.03% in after-hours trade the report.
Mosaic follows other major Materials sector earnings this month
Mosaic's report follows an earnings matched by Air Liquide ADR on February 16, who reported EPS of $0.6367 on revenue of $7.56B, compared to forecasts EPS of $0.6367 on revenue of $7.09B.
Freeport-McMoran had missed expectations on January 26 with fourth quarter EPS of $0.96 on revenue of $6.16B, compared to forecast for EPS of $0.9703 on revenue of $6.44B.
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