Mosaic reports Q2 adjusted EPS $1.04, consensus $1.12

Reports Q2 revenue $3.4B, consensus $3.12B. “The investments we’ve made in our business over the last decade are yielding results,” said President and CEO Joc O’Rourke. “Our Esterhazy potash complex is now the largest in the world and our Fertilizantes business in Brazil accounts for nearly a quarter of all fertilizer sales in one of the most dynamic ag markets in the world. Mosaic is well positioned to capitalize on the fertilizer market’s recovery, which is well underway.”