Mosaic (NYSE:MOS) reported Q1 adjusted earnings of $1.14 per diluted share, down from $2.41 a year earlier.
Analysts polled by Capital IQ expected $1.25.
Net sales for the quarter ended March 31 were $3.6 billion, down from $3.92 billion a year earlier.
Analysts surveyed by Capital IQ expected $3.26 billion.