The Mosaic Company (NYSE:MOS) is reporting third quarter financial results on Monday 2nd November 2020, after market close.
According to analysts surveyed by Thomson Reuters, MOS is expected to report 3Q20 income of $ 0.17 per share from revenue of $ 2377.96 million.
For the full year, analysts anticipate top line of $ 8197.73 million, while looking forward to income of $ 0.31 per share bottom line.
Previous Quarter Performance
The Mosaic Company unfold income for the second quarter of $ 0.11 per share, from the revenue of $ 2,045.00 million. The quarterly earnings fell 8.33 percent while revenues reduced 6.06 percent compared with the same quarter last year. The top line results outshined analysts by $ 209.43 million or 11.41 percent.
Stock Performance
On Friday, shares of The Mosaic Company has traded high as $ 18.54 and has cracked $ 17.90 on the downward trend, reaching $ 18.50 with volume of 4.93 million shares.
According to the previous trading day, closing price of $ 18.50, representing a 181.54 % increase from the 52 week low of $ 6.50 and a 18.67 % decrease over the 52 week high of $ 22.50.
The company has a market capital of $ 7.01 billion and is part of the Basic Materials sector and Agricultural Inputs industry.
Recent Analyst recommendations
- On 23rd September 2020, upgraded by Cleveland Research to Buy from Neutral rating.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.05 per share on August 13, 2020. The dividend were payable on September 17, 2020 to holders of record as of the close of business on September 3, 2020 and ex-dividend date on September 2, 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.
