Nov 12 (Reuters) - Fertilizer producer Mosaic
missed Wall Street estimates for third-quarter profit on
Tuesday, hurt by production snags due to operational issues.
Mosaic had cut its third-quarter sales forecast in September
after its production was hit by equipment failures in Canada and
hurricanes at the U.S. Gulf Coast.
The company also appointed Luciano Siani Pires as its new
Chief Financial Officer, and will start from Jan. 1. Pires
succeeds Clint Freeland who is retiring from his role as
executive vice president and CFO, but will continue as a senior
advisor until July 1.
The Tampa, Florida-based company reported adjusted earnings
of 34 cents per share for the quarter ended Sept. 30, compared
with analysts' average estimate of 54 cents per share according
to data compiled by LSEG.