earnings
confidence high
sentiment positive
materiality 0.80
Mosaic Q3 net income $372M, adjusted EPS $1.35, raises 2022 dividend 50%
MOSAIC CO
2021-Q3 EPS reported
$2.52
revenue$8,516,400,000
- Revenue $3.4B (+44% YoY); gross margin $865M vs. $355M a year ago.
- Adjusted EBITDA $969M; net cash from operations YTD $1.8B.
- Repurchased 956,404 shares; raised 2022 annual dividend target 50%; retired $450M long-term debt.
- Q4 phosphate and potash realized prices expected to materially increase from Q3.
- Hurricane Ida repairs at Louisiana plants completed; New Wales repairs nearly done.