The mosaic company reports third quarter 2019 results

The mosaic company reports third quarter 2019 results.q3 loss per share $0.11.announced a series of actions to temporarily lower production in both phosphates and potash to match demand in 2019.in q4 of 2019, esterhazy, saskatchewan potash mine will be temporarily idled.qtrly adjusted earnings per share $0.08.curtailment at esterhazy, saskatchewan potash mine in q4 is not expected to impact pace of development at esterhazy k3 mine project.qtrly net sales $2,753.4 million versus $2,928.1 million.net sales in potash segment totaled $616 million for q3, up from $609 million last year.net sales in phosphates segment were $820 million for q3, down from $1.0 billion last year.believe that bottom of market is in & 2020 will be a much stronger year for mosaic.q3 earnings per share view $0.23, revenue view $2.67 billion -- refinitiv ibes data.mosaic expects that north american 2019 fall application season will be strong.both phosphates and mosaic fertilizantes are expected to see full year volumes at low end of original guidance ranges.challenging market environment has persisted longer than we had anticipated.sees 2019 adjusted earnings per share $0.50 to $0.60.sees q4 phosphates sales volumes 2.1 – 2.3 million of tonnes.sees 2019 adjusted ebitda $1.4 billion to $1.5 billion.fy2019 earnings per share view $0.96 -- refinitiv ibes data.sees q4 potash sales volumes 1.7 – 1.9 million of tonnes.sees 2019 capital expenditures of about $1.1 billion.
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