Mosaic plunges as hurricanes hit Q3 logistics, production results

Mining of potash ore in an underground mine using a mining machine

Ramil Nasibulin/iStock via Getty Images

Mosaic (NYSE:MOS) -9.2% in Tuesday’s trading after reporting much lower than expected Q3 adjusted earnings and revenues, as three hurricanes hurt its Florida phosphate production and selling prices for its products also hurt results.

Q3 net income swung to a profit of $122M

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