Mosaic reports Q1 adjusted EPS 5c, consensus 22c

Reports Q1 revenue $3B, consensus $2.9B. “Business conditions were volatile in the first quarter. We responded by curtailing uneconomic production, carefully managing working capital and using our market access to meet customer demand,” said President and CEO Bruce Bodine. “As we look to the rest of the year, we are prepared to take additional actions to ensure we navigate effectively for the short term while preserving our ability to benefit when market dynamics improve.”