Mosaic (MOS) reported earnings 30 days ago. What's next for the stock?
MOS benefits from healthy demand for phosphate and potash on the back of favorable agricultural market fundamentals amid pricing pressure.
The Mosaic Company is a leading global provider of crop inputs and services, operating through its Mosaic Fertilizantes, Potash, and Phosphate segments. The stock has come down along with its underlying commodity prices, offering an entry at an attractive phase in the fertilizer cycle. Mosaic is poised to benefit from the strong growth in the Brazilian fertilizer market.
TAMPA, FL / ACCESSWIRE / November 13, 2024 / The Mosaic Company (NYSE:MOS) announced today that its Board of Directors declared a quarterly dividend of $0.21 per share on the Company's common stock. The dividend will be paid on December 19, 2024, to stockholders of record at the close of business on December 5, 2024.
Major U.S. equities ticked lower as the post-election rally that lifted major indexes to record highs lost momentum a week after voters headed to the polls.
TAMPA, FL / ACCESSWIRE / November 12, 2024 / The Mosaic Company (NYSE:MOS) announced its participation in the following investor conferences: Scotia Mining Conference on December 4, 2024 in Toronto, Canada Goldman Sachs Industrials and Materials Conference on December 5, 2024 in New York, NY About The Mosaic Company The Mosaic Company is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic is a single source provider of phosphates and potash fertilizers and feed ingredients for the global agriculture industry.
The Mosaic Company (NYSE:MOS ) Q3 2024 Results Conference Call November 12, 2024 11:00 AM ET Company Participants Jason Tremblay - VP, Finance, Strategy & Digital Transformation Bruce Bodine - President and Chief Executive Officer Clint Freeland - Executive Vice President and Chief Financial Officer Jenny Wang - Executive Vice President, Commercial Conference Call Participants Richard Garchitorena - Wells Fargo Steve Byrne - Bank of America Joel Jackson - BMO Capital Chris Parkinson - Wolfe Research Ben Theurer - Barclays Justin Pellegrino - Morgan Stanley Andrew Wong - RBC Markets Edlain Rodriguez - Mizuho Lucas Beaumont - UBS Jeff Zekauskas - JPMorgan Operator Good morning, everyone, and welcome to The Mosaic Company's Third Quarter 2024 Earnings Conference Call. At this time, all participants have been placed in a listen-only mode.
The Mosaic Company (MOS) was the biggest decliner in the S&P 500 Tuesday afternoon, with shares tumbling more than 8%, after the fertilizer maker missed third-quarter profit and revenue estimates as its operations were impacted by recent hurricanes. It also announced the retirement of its finance chief.
Lower selling prices primarily caused the downside in MOS' sales in Q3.
While the top- and bottom-line numbers for Mosaic (MOS) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Mosaic (MOS) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.68 per share a year ago.
TAMPA, FL / ACCESSWIRE / November 12, 2024 / The Mosaic Company (NYSE:MOS) released its financial results for third quarter 2024. The company's earnings release and supplemental materials are available at Click Here