Mosaic Co. Q2 Income Retreats

(RTTNews) - Mosaic Co. (MOS) announced a profit for second quarter that declined from the same period last year.

The company's bottom line totaled $67.9 million, or $0.18 per share. This compares with $97.3 million, or $0.28 per share, in last year's second quarter.

Analysts had expected the company to earn $0.38 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 26.3% to $2.21 billion from $1.75 billion last year.

Mosaic Co. earnings at a glance:

-Earnings (Q2): $67.9 Mln. vs. $97.3 Mln. last year. -EPS (Q2): $0.18 vs. $0.28 last year. -Analysts Estimate: $0.38 -Revenue (Q2): $2.21 Bln vs. $1.75 Bln last year.

-Guidance: Full year EPS guidance: $1.45 - $1.80