Credit Suisse Downgrades Mosaic (MOS) to Underperform
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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
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
