** Fertilizer company Mosaic MOS.N shares down 1% to $28.20 premarket
** MOS misses Wall Street expectations for Q4 profit due to weak US phosphate demand
** Co reports adjusted EPS of 22 cents, well below analysts' average estimate of 47 cents, per LSEG data, as phosphate sales volumes fell to 1.3 mln tonnes from 1.6 mln a year earlier
** MOS cites a steep drop in North American fertilizer demand as farmers cut nutrient use amid tight budgets and an early winter shortened the application window
** 10 of 21 brokerages rate the stock "buy" or higher, 11 "hold"; their median PT is $33 - LSEG data
** Up to last close, stock up 19.4% YTD, outperforming the S&P 500's .SPX 0.7% rise
(Reporting by Avinash P in Bengaluru)
((Avinash.P@thomsonreuters.com;))