Mosaic Provides April, May 2023 Data And Revised Q2 Guidance
Portfolio Pulse from Lekha Gupta
Mosaic Co (NYSE:MOS) provided April and May 2023 revenue and volumes update and revised Q2 guidance. The company reported lower sales revenue for Potash, Phosphates, and Mosaic Fertilizantes compared to the prior year. Q2 outlook has been revised with potash sales volumes expected at the high end of previous guidance, while Phosphates sales volumes are anticipated near the low end.
June 22, 2023 | 12:14 pm
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Mosaic Co (NYSE:MOS) reported lower sales revenue for April and May 2023 and revised Q2 guidance. Potash sales volumes are expected at the high end of previous guidance, while Phosphates sales volumes are anticipated near the low end.
Mosaic Co reported lower sales revenue for April and May 2023 compared to the prior year, which may negatively impact the stock price. The revised Q2 guidance shows mixed expectations, with potash sales volumes expected at the high end of previous guidance, while Phosphates sales volumes are anticipated near the low end. This mixed outlook may lead to uncertainty among investors, potentially causing the stock price to go down in the short term.
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