Mosaic (NYSE:MOS) Issues Quarterly Earnings Results
Mosaic (NYSE:MOS) released its earnings results on Monday, February 19th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.07, Yahoo Finance reports. The firm had revenue of $2.09 billion during the quarter, compared to analyst estimates of $1.91 billion. Mosaic had a positive return on equity of 3.90% and a negative net margin of 1.45%. Mosaic’s revenue was up 12.3% compared to the same quarter last year. During the same period last year, the business posted $0.03 earnings per share.
Mosaic (NYSE MOS) opened at $26.39 on Friday. Mosaic has a 12 month low of $19.23 and a 12 month high of $29.80. The company has a current ratio of 2.27, a quick ratio of 1.51 and a debt-to-equity ratio of 0.51. The company has a market cap of $9,513.43, a P/E ratio of 24.64, a P/E/G ratio of 2.12 and a beta of 1.26.
In related news, Director Kelvin R. Westbrook acquired 1,200 shares of the stock in a transaction that occurred on Tuesday, February 27th. The shares were acquired at an average price of $27.63 per share, for a total transaction of $33,156.00. Following the completion of the purchase, the director now directly owns 1,200 shares of the company’s stock, valued at $33,156. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.38% of the stock is owned by company insiders.
Mosaic Company Profile
The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.
Receive News & Ratings for Mosaic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mosaic and related companies with MarketBeat.com's FREE daily email newsletter.