Investing.com - Mosaic reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Mosaic announced earnings per share of $1.35 on revenue of $3.4B. Analysts polled by Investing.com anticipated EPS of $1.54 on revenue of $3.67B.
Mosaic shares are up 80% from the beginning of the year and are trading at $39.45 , down-from-52-week-high.They are outperforming the S&P 500 which is up 22.83% from the start of the year.
Mosaic shares lost 4.87% in after-hours trade the report.
Mosaic follows other major Basic Materials sector earnings this month
Mosaic's report follows an earnings missed by Sherwin-Williams on October 26, who reported EPS of $2.09 on revenue of $5.15B, compared to forecasts EPS of $2.11 on revenue of $5.09B.
BASF ADR had beat expectations on Wednesday with third quarter EPS of $0.4522 on revenue of $22.81B, compared to forecast for EPS of $0.437 on revenue of $20.76B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar