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Fertilizer Maker Mosaic Stock Tumbles as Hurricanes Impact Results
MOSMosaic(MOS) Investopedia·2024-11-12 20:16

Key Takeaways The Mosaic Company missed third-quarter profit and revenue estimates as its operations were impacted by recent hurricanes. Volumes at its potash, phosphate, and Mosaic Fertilizantes segments all fell. The fertilizer maker said CFO Clint Freeland would retire at the end of the year. The Mosaic Company (MOS) was the biggest decliner in the S&P 500 Tuesday afternoon, with shares tumbling more than 8%, after the fertilizer maker missed thirdquarter profit and revenue estimates as its operations we ...