MOS is likely to have benefited from favorable demand for phosphate and potash amid headwinds from weaker fertilizer prices and operational disruptions in Q3.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Mosaic (MOS), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
Mosaic (MOS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Mosaic Company, a leading producer of Potash and Phosphate, benefits from economies of scale and high-quality mining deposits, enabling low-cost production. Exposure to Mosaic offers a potential hedge against food inflation, with the company positioned to benefit from any future disruptions in fertilizer supply. Mosaic R&D has led to the introduction of premium fertilizers, which are quickly gaining share within Mosaic's sales channels.
Shares of fertilizer producer The Mosaic Company (MOS) jumped over 5% on Monday, posting the strongest performance of any stock in the S&P 500 following reports Belarusian President Alexander Lukashenko proposed potash production cuts in an effort to boost prices.
TAMPA, FL / ACCESSWIRE / October 22, 2024 / The Mosaic Company (NYSE:MOS) plans to release third quarter 2024 earnings results on Tuesday, November 12th, before open of trading on the New York Stock Exchange. The company will issue a news wire alert when earnings materials are publicly available on the company's website.
TAMPA, FL / ACCESSWIRE / October 21, 2024 / The Mosaic Company (NYSE:MOS) today provided an update on the impact of the recent hurricanes on North American phosphate operations and other business events. Mosaic is pleased to announce that all Florida based employees are safe and accounted for.
TAMPA, FL / ACCESSWIRE / October 14, 2024 / The Mosaic Company (NYSE:MOS) today provided an update on the impact of the recent hurricanes on North American phosphate operations. Last week Mosaic proactively idled all Florida operations ahead of Hurricane Milton to mitigate potential impacts.
TAMPA, FL / ACCESSWIRE / September 30, 2024 / The Mosaic Company (NYSE:MOS) today provided an update on the impact of Hurricane Helene to North American Phosphates operations. The Tampa port, which was closed ahead of the hurricane, was reopened Sunday.
MOS reports a decline in sales volume and revenues across its potash, phosphate and Fertilizantes segments for July and August 2024.
TAMPA, FL / ACCESSWIRE / September 26, 2024 / The Mosaic Company (NYSE:MOS) announced its combined July and August 2024 sales volumes and revenue by business segment. Potash Jul/Aug 2024 Jul/Aug 2023 Sales volumes (000 tonnes(1) ) 1,310 1,483 Sales revenues (million USD) $ 358 $ 489 Phosphates Jul/Aug 2024 Jul/Aug 2023 Sales volumes (000 tonnes (1) ) 937 1,081 Sales revenues (million USD) $ 620 $ 642 Mosaic Fertilizantes Jul/Aug 2024 Jul/Aug 2023 Sales Volumes (000 tonnes(1) ) 1,851 2,016 Sales Revenues (million USD) $ 886 $ 1,150 (1) Tonnes = finished product tonnes Mosaic provided an operations update earlier this month.
Mosaic Company remains a strong buy due to its solid balance sheet, ongoing share repurchase program, and undervaluation relative to book value and sector P/E. Despite seasonal losses and increased sulfur costs, Mosaic's profitability and confidence in share repurchases signal strong future performance. The company offers a 3.31% dividend yield, with potential for dividend growth or increased share buybacks, enhancing shareholder value.