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Stock impact report

Mosaic's July and August Sales Volume & Revenues Decline [Yahoo! Finance]

Mosaic Company (The) (MOS) 
Last mosaic company (the) earnings: 2/19 04:42 pm Check Earnings Report
US:NYSE Investor Relations: investors.mosaicco.com
Company Research Source: Yahoo! Finance
Potash sales volumes reached 1,310,000 tons, down from 1,483,000 tons in the same period last year. Revenues declined to $358 million from $489 million a year ago. For the third quarter, MOS expects potash sales volumes to range between 1.85 million and 2.05 million tons, lower than the previous guidance of 2.1-2.3 million tons due to production interruptions. The outlook for MOP prices at the mine remains unchanged at $200-$220 per ton. In the phosphate segment, July and August 2024 sales volume was 937,000 tons, down from 1,081,000 tons in the prior year. Revenues also dropped to $620 million from $642 million in 2023. Third-quarter phosphate sales volumes are expected to be within 1.45-1.65 million tons, revised from the earlier forecast of 1.7-1.9 million tons. Guidance for DAP prices at the plant has been reaffirmed at $555-$575 per ton. Mosaic Fertilizantes registered a sales-volume decline to 1,851,000 tons in July and August 2024, down from 2,016,000 tons in the same p Show less Read more
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