The Mosaic Company (NYSE:MOS) is set to announce second quarter earning results on Monday 3rd August 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, MOS to report 2Q20 loss of $ 0.01 per share.
For the full year, analysts anticipate top line of $ 8231.38 million, while looking forward to income of $ 0.16 per share bottom line.
Previous Quarter Performance
The Mosaic Company reported loss for the first quarter of $ 0.06 per share, from the revenue of $ 1,798.00 million. The quarterly revenues reduced 5.35 percent compared with the same quarter last year. Street analysts expected The Mosaic Company to report loss of $ 0.08 per share on revenue of $ 1653.13 million for the first quarter. The bottom line results beat street analysts by $ 0.02 or 25.00 percent, at the same time, top line results outshined analysts by $ 144.87 million or 8.76 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of MOS was $ 13.47, representing a 107.23 % increase from the 52 week low of $ 6.50 and a 45.11 % decrease over the 52 week high of $ 24.54.
The company has a market capital of $ 5.11 billion and is part of the Basic Materials sector and Agricultural Inputs industry.
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Recent Analyst recommendations
- On 15th July 2020, upgraded by Citigroup to Buy from Neutral rating, with $ 16.00 target price.
- On 9th July 2020, maintained by UBS Group at Buy rating, with $ 18.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.05 per share on May 21, 2020. The dividend were payable on June 18, 2020 to holders of record as of the close of business on June 4, 2020 and ex-dividend date on June 3, 2020.
The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and International Distribution. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names.
