Dahlman Rose Maintains a 'Hold' on Mosaic (MOS); Earnings Miss Driven Mostly by Higher Costs

Dahlman Rose maintains a 'Hold' on Mosaic (NYSE: MOS).

Dahlman analyst says, "This morning, Mosaic pre-released its fiscal 1Q results reporting preliminary earnings for the quarter of $1.17 which is below consensus of $1.28 and our estimate of $1.34 due to mostly higher cost structure and lower phosphate volume partially offset by higher nutrient pricing...We maintain our Hold rating and will be reviewing our estimates. The company will release full earnings after the market close on Wednesday, September 28 and hold its conference call on Thursday, September 29 at 10 am."

For more ratings news on Mosaic click here and for the rating history of Mosaic click here.

Shares of Mosaic closed at $60.11 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• TechnipFMC (FTI) PT Raised to $30 at BTIG
• Small stocks still very cheap vs. large - BofA
• Equinor ASA (EQNR) Tops Q1 EPS by 22c, misses on revenue