secwatch.observer — SEC 8-K summary
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Issuer:     MOSAIC CO (MOS)
CIK:        0001285785
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001243786-24-000045
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mosaic Q2 net loss $162M; adjusted EPS $0.54; revenue down 17% YoY
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- Net loss of $162M ($0.50 diluted loss); adjusted EPS $0.54; adjusted EBITDA $584M vs $744M a year ago.
- Revenue $2.8B, down 17% from $3.4B in Q2 2023, due to lower selling prices.
- Potash operating earnings $174M, down from $328M YoY; Phosphate volumes increased ~100K tonnes sequentially.
- Notable items after tax totaled $334M, mainly foreign currency loss and unrealized derivative losses.
- YTD capital return to shareholders $298M, including $160M in share repurchases.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1285785/000124378624000045/0001243786-24-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1285785/000124378624000045/mos-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001243786-24-000045

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer