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
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.