Why The Mosaic Company (MOS) Stock Is Down Today

NEW YORK (TheStreet) -- The Mosaic Company  (MOS) shares are down -2.4% to $48.89 in early market trading on Tuesday following the release of the company's first quarter earnings results.

Net earnings for the quarter were down to $218 million, or 54 cents per share, from $380 million in the year ago period, missing analysts estimates by 4 cent per share.

Net sales for the quarter were down to $2 billion from $2.3 billion in the year ago period, in line with analysts expectations.

Must Read: Warren Buffett's 10 Favorite Growth Stocks 

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. 


MOS Chart

MOS data by YCharts

STOCKS TO BUY: TheStreet's Stocks Under $10 has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.


WATCH: More market update videos on TheStreet TV | More videos from Brittany Umar

More from Markets

Dow Tumbles as Trump Calls Off North Korea Summit

Dow Tumbles as Trump Calls Off North Korea Summit

Jim Cramer: Does Saudi Arabia Think Oil Prices Are Too High?

Jim Cramer: Does Saudi Arabia Think Oil Prices Are Too High?

Stocks Could Easily Crater Into Memorial Day Weekend

Stocks Could Easily Crater Into Memorial Day Weekend

Video: Here Is How Real Estate Investment Trusts Can Boost Your Portfolio

Video: Here Is How Real Estate Investment Trusts Can Boost Your Portfolio

Celgene Shares Rise on Plans to Increase Stock Buybacks

Celgene Shares Rise on Plans to Increase Stock Buybacks