Mosaic reported net earnings of $298 million in its fiscal first quarter ended August 31, triple its results in the same period last year. Sales increased 50%, to $2.2 billion. Earnings of 67 cts/share fell short of analyst expectations of 72 cts/share, as reported by Thomson Reuters (New York). Higher results were driven by higher phosphate and potash sales, partially offset by lower potash selling prices.
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