Mosaic's (MOS) Q2 Earnings and Revenues Miss Estimates

The Mosaic Company (MOS) reported a net loss of $161.5 million or 50 cents per share in the second quarter of 2024. This marks a deterioration from a profit of $369 million or $1.11 per share in the year-ago quarter.Barring one-time items, adjusted earnings per share were 54 cents, lagging the Zacks Consensus Estimate of 68 cents.Net sales declined nearly 17% year over year to $2,816.6 million in the quarter. The metric lagged the Zacks Consensus Estimate of $2,930.8 million. Segment HighlightsNet sales in ...