Mosaic Q3 net income $122M; CFO Freeland to retire, succeeded by ex-Vale CFO Siani Pires

MOSAIC CO

2024-Q3 EPS reported $0.02 revenue$8,306,900,000

Q3 net income $122M ($0.38 diluted EPS); adjusted EPS $0.34, adjusted EBITDA $448M.
Revenue $2,811M, down ~21% YoY; potash segment operating earnings $109M vs $200M in Q3 2023.
CFO Clint Freeland to retire; Luciano Siani Pires (ex-Vale CFO) becomes CFO designate Nov 18, effective Jan 1, 2025.
YTD shareholder returns $415M including $210M share repurchases; Q3 dividends $67M.
Phosphate production returned to full capacity after three hurricanes; on track for annual run rate by year-end.

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