Mosaic Announces April And May 2024 Revenue And Sales Volumes, Reiterates Q2 2024 Guidance
Portfolio Pulse from Benzinga Newsdesk
The Mosaic Company (NYSE:MOS) announced its combined April and May 2024 sales volumes and revenue by business segment, showing a decline compared to the same period in 2023. The company reiterated its Q2 2024 guidance.
June 24, 2024 | 8:23 pm
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Mosaic reported a decline in sales volumes and revenue for April and May 2024 compared to the same period in 2023. Despite this, the company reiterated its Q2 2024 guidance.
The decline in sales volumes and revenue for April and May 2024 compared to the same period in 2023 is likely to have a negative short-term impact on the stock price. However, the reiteration of Q2 2024 guidance may provide some support.
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IMPORTANCE 80
RELEVANCE 100