Mosaic Falls Before Company's Earnings Report (MOS)

Fertilizer company Mosaic MOS is expected to release its quarterly earnings results after the closing bell on Tuesday. Wall Street analysts estimate the the company will report earnings per share of $0.91 compared to $0.32 in the year ago period. Ahead of this report, MOS is falling as a stronger U.S. Dollar has hit the entire commodity sector. The stock has lost 2.83% and is currently trading at $74.09. Volume has been heavier than usual with around 4.15 million MOS shares already trading hands compared to a daily average of just over 4 million shares. The Mosaic Company (Mosaic) is a producer and marketer of concentrated phosphate and potash crop nutrients for the global agriculture industry. As of May 31, 2010, the Company operated through two business segments: Phosphates and Potash.
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Posted In: EarningsNewsIntraday UpdateMoversFertilizers & Agricultural ChemicalsMaterials
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