earnings
confidence high
sentiment positive
materiality 0.80
Mosaic Q1 net income $1.18B, EPS $3.19; adjusted EPS $2.41, revenue up 71% to $3.9B
MOSAIC CO
2022-Q1 EPS reported
$3.19
revenue$3,922,300,000
- Net income $1.18B ($3.19 diluted EPS); adjusted EBITDA $1.45B; notable items added $0.78/share.
- Revenue $3.9B (+71% YoY); gross margin 36.7% vs 18.9% a year ago.
- Potash segment op earnings $563M, adj. EBITDA $651M; Esterhazy K3 at 5.5M tonnes run-rate, Colonsay expanded to 1.3M tonnes.
- Capital return totaled $463M in Q1; cash from ops $506M, free cash flow $466M.
- Potash MOP price $582/tonne (fob mine); Phosphate DAP price $785/tonne (fob plant).