The Mosaic Company

MOS

US61945C1036

Agricultural Chemicals

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
30.25 ^USD	-0.10%		-2.42%	-15.34%

Apr. 17	Goldman Sachs Adjusts Mosaic Company Price Target to $43 From $45	MT
Apr. 10	BofA Securities Trims Price Target on Mosaic to $48 From $49, Maintains Buy Rating	MT

The Mosaic Company Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023

February 21, 2024 at 04:29 pm EST

The Mosaic Company reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 3,149.5 million compared to USD 4,481.3 million a year ago. Net income was USD 365.3 million compared to USD 523.2 million a year ago. Basic earnings per share from continuing operations was USD 1.12 compared to USD 1.54 a year ago. Diluted earnings per share from continuing operations was USD 1.11 compared to USD 1.52 a year ago.
For the full year, sales was USD 13,696.1 million compared to USD 19,125.2 million a year ago. Net income was USD 1,164.9 million compared to USD 3,582.8 million a year ago. Basic earnings per share from continuing operations was USD 3.52 compared to USD 10.17 a year ago. Diluted earnings per share from continuing operations was USD 3.5 compared to USD 10.06 a year ago.

Latest news about The Mosaic Company

Goldman Sachs Adjusts Mosaic Company Price Target to $43 From $45	Apr. 17	MT
BofA Securities Trims Price Target on Mosaic to $48 From $49, Maintains Buy Rating	Apr. 10	MT
Mosaic sees production impact from Riverview fire to last 4-6 weeks	Mar. 27	RE
Mosaic sees production impact from fire at Riverview facility to last 4-6 weeks	Mar. 27	RE
How companies are responding to attacks on ships in the Red Sea	Mar. 14	RE
Wolfe Research Starts Coverage on Mosaic With Outperform Rating, $39 Price Target	Mar. 01	MT
Piper Sandler Downgrades Mosaic to Underweight From Neutral, Cuts Price Target to $32 From $42	Feb. 29	MT
Just as expected	Feb. 29
Transcript : The Mosaic Company Presents at Bank of America Securities 2024 Global Agriculture and Materials Conference, Feb-29-2024 09:10 AM	Feb. 29
ANALYST RECOMMENDATIONS : Amex, Snowflake, Salesforce, Walmart, Nutrien...	Feb. 29
UBS Adjusts Mosaic Company Price Target to $34 From $35, Maintains Neutral Rating	Feb. 22	MT
Transcript : The Mosaic Company, Q4 2023 Earnings Call, Feb 22, 2024	Feb. 22
Phew! The party continues!	Feb. 22
Scotiabank Upgrades Mosaic to Sector Outperform From Sector Perform, Price Target is $40	Feb. 22	MT
ANALYST RECOMMENDATIONS : Datadog, Doordash, Nvidia, Trimble, Walmart...	Feb. 22
Mosaic's quarterly profit drops on lower fertilizer prices	Feb. 21	RE
Mosaic Q4 Adjusted Earnings, Sales Fall	Feb. 21	MT
Tranche Update on The Mosaic Company's Equity Buyback Plan announced on August 1, 2022.	Feb. 21	CI
The Mosaic Company Provides Sales Guidance for the First Quarter of 2024	Feb. 21	CI
The Mosaic Company Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 21	CI
Goldman Sachs Adjusts Mosaic's Price Target to $48 From $54, Keeps Buy Rating	Feb. 01	MT
UBS Adjusts Mosaic Price Target to $35 From $36, Maintains Neutral Rating	Jan. 31	MT
Wells Fargo Trims Price Target on Mosaic to $34 From $36, Maintains Equalweight Rating	Jan. 24	MT
How companies are responding to attacks on ships in the Red Sea	Jan. 22	RE
Berenberg Bank Cuts Mosaic Price Target to $36 From $41, Maintains Hold Rating	Dec. 21	MT

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Company Profile

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company is a provider of phosphate and potash fertilizers and feed ingredients for the global agriculture industry. The Company operates through three segments: Phosphates, Potash and Mosaic Fertilizantes. Phosphates segment sells phosphate-based crop nutrients and animal feed ingredients throughout North America and internationally. Potash Segment sells potash throughout North America and internationally, principally as fertilizer, but also for use in industrial applications and, to a lesser degree, as animal feed ingredients. Mosaic Fertilizantes Segment produces and sells phosphate-and potash-based crop nutrients, and animal feed ingredients, in Brazil. In addition to five phosphate rock mines, four chemical plants and a potash mine in Brazil, the segment consists of sales offices, crop nutrient blending and bagging facilities, port terminals and warehouses in Brazil and Paraguay.

Sector

Agricultural Chemicals

Calendar

2024-04-30 - Q1 2024 Earnings Release

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S&P 500

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Ratings for The Mosaic Company

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

30.25 USD

Average target price

37.72 USD

Spread / Average Target

+24.69%

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Sector Fertilizer

	1st Jan change	Capi.
THE MOSAIC COMPANY	-15.34%	9.72B
CF INDUSTRIES HOLDINGS, INC.	+0.63%	15.02B
SABIC AGRI-NUTRIENTS COMPANY	-21.27%	13.81B
QINGHAI SALT LAKE INDUSTRY CO.,LTD	+3.13%	12.19B
YARA INTERNATIONAL ASA	-11.77%	7.35B
ACRON	-.--%	7.31B
FERTIGLOBE PLC	-5.39%	6.35B
COROMANDEL INTERNATIONAL LIMITED	-5.36%	4.18B
ASIA-POTASH INTERNATIONAL INVESTMENT (GUANGZHOU)CO.,LTD.	-28.77%	2.37B
YONFER AGRICULTURAL TECHNOLOGY CO., LTD.	+2.37%	2.06B

Fertilizer