Mosaic Q2 EPS $1.04 Misses $1.07 Estimate, Sales $3.39B Beat $3.22B Estimate
Portfolio Pulse from Benzinga Newsdesk
Mosaic (NYSE:MOS) reported Q2 earnings of $1.04 per share, missing the analyst consensus estimate of $1.07 by 2.8%. This is a 71.43% decrease from the same period last year. However, the company's quarterly sales of $3.39 billion beat the estimate of $3.22 billion by 5.53%, despite being a 36.83% decrease from last year.
August 04, 2023 | 10:26 am
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Mosaic's Q2 earnings per share missed estimates and decreased significantly YoY, while sales beat estimates but also decreased YoY.
Mosaic's earnings per share missed the analyst consensus estimate and decreased significantly from the same period last year, which could negatively impact investor sentiment and the stock price. Despite beating sales estimates, the YoY decrease could also be a concern for investors.
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