Published on 29 Apr 2024 on Zacks via Yahoo Finance
Mosaic (MOS) to Report Q1 Earnings: What's in the Offing?
The Mosaic Company MOS is set to release first-quarter 2024 results on May 1, after the closing bell.The fertilizer maker delivered a negative earnings surprise of around 10.5%, on average, over the trailing four quarters. It delivered a negative earnings surprise of 13.4% in the last reported quarter. The company’s first-quarter results are likely to reflect favorable demand for phosphate and potash. However, weaker fertilizer prices are expected to have affected its performance.Shares of Mosaic have lost 30.6% in the past year compared with a 21.1% decline of the industry.
