The Mosaic Company Reports Second Quarter 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
UBS Cuts Price Target on The Mosaic Company (MOS) to $31 Following 2Q
August 3, 2016 9:35 AM EDTUBS reiterated a Buy rating on The Mosaic Company (NYSE: MOS), and cut the price target to $31.00 (from $32.00), following the company's 2Q earnings report. MOS reported EPS of $0.12, slightly ahead of $0.13 consensus.
Analyst John Roberts commented, "Reflecting the challenges in the fertilizer... More
Credit Suisse Downgrades Mosaic (MOS) to Underperform
August 2, 2016 2:19 PM EDTCredit Suisse downgraded Mosaic (NYSE: MOS) from Neutral to Underperform and maintained a price target of $21 following Q2 results. The analyst remains concerned earnings estimates do not accurately reflect further price headwinds in P&K and that volume guidance remains far too euphoric.
Analyst Christopher S. Parkinson... More
The Mosaic Company (MOS) Misses Q2 EPS by 7c
August 2, 2016 6:48 AM EDTThe Mosaic Company (NYSE: MOS) reported Q2 EPS of $0.06, ex-items, $0.07 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.76 billion.
"We are taking the necessary actions to ensure Mosaic remains competitive across all points of the business cycle," said Joc O'Rourke, President and Chief Executive Officer. "While the environment is challenging, we see signs of stabilization in the second half of the year, with fertilizer prices bottoming and solid demand for our products. At the same time, we are taking action to preserve... More
