Mosiac Q3 2023 Adj. EPS $0.68 Misses $0.75 Estimate, Revenue $3.5B Beats $3.237B Estimate
Portfolio Pulse from Benzinga Newsdesk
Mosaic's Q3 2023 adjusted EPS was $0.68, missing the estimate of $0.75. However, the company's revenue of $3.5B surpassed the estimate of $3.237B.
November 07, 2023 | 9:34 pm
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NEUTRAL IMPACT
Mosaic's Q3 2023 earnings were mixed, with a lower-than-expected EPS but higher-than-expected revenue.
Mosaic's lower-than-expected EPS could negatively impact the stock price, but this may be offset by the higher-than-expected revenue. The net effect on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100