Physician-led healthcare system consolidates finance, planning, supply chain, and HR processes in the cloud AUSTIN, Texas, Oct. 30, 2024 /PRNewswire/ -- Mosaic Life Care, a physician-led health care system, has selected Oracle Fusion Cloud Applications Suite to support its vision to transform community health. With an integrated suite of cloud applications to manage finance, planning, supply chain, and HR processes, Mosaic can increase efficiency, improve decision-making, and enhance the employee experience ...

The Mosaic Company (MOS) reported combined sales volumes and revenues by business unit for July and August 2024. Potash sales volumes reached 1,310,000 tons, down from 1,483,000 tons in the same period last year. Revenues declined to $358 million from $489 million a year ago.For the third quarter, MOS expects potash sales volumes to range between 1.85 million and 2.05 million tons, lower than the previous guidance of 2.1-2.3 million tons due to production interruptions. The outlook for MOP prices at the min ...

In January, I wrote an article in which I praised The Mosaic Company (NYSE: MOS ). I rated the stock a strong buy on the basis of its value and the ongoing share repurchase program. Today, I thought I'd takeI’m Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared in Forbes, Toronto Star, Minneapolis Star-Tribune, Providence Journal, Washington Times and the Detroit Free Press, as well as American Conservative Magazine and the Quincy Institute for Responsible Statecra ...

It has been a while since I last wrote about The Mosaic Company (NYSE: MOS ), one of the leading global fertilizer companies. Last summer, I initiated a small position in Mosaic, as I determined the companyAuthor of the Macro Trends & Inflection Points Newsletter. I spent 5 years as a co-founder and hedge fund CIO / manager. Before that, I was a hedge fund analyst/portfolio manager at a leading Canadian alternative asset manager. I write articles as part of my own due diligence on the stocks that I find int ...

Mosaic TodayMOSMosaic$25.34 -0.22 (-0.86%) 52-Week Range$24.11▼$38.30Dividend Yield3.31%P/E Ratio10.78Price Target$34.91Add to WatchlistThe Mosaic Company NYSE: MOS is a global potash crop nutrients and concentrated phosphates producer. These nutrients are crucial in agriculture to enhance soil health, boost crop yields, and feed the world’s growing population. While potash is mainly used in plant fertilizers, it is also used in animal feed, plant-based meat products, and industrial processes for the produc ...

13 August 2024 | 5:05PM EDT Mosaic Co. (MOS): Management meeting highlights Phosphate market optimism and cost initiatives; Buy We hosted a virtual meeting with MOS management today (8/13), including CEO Bruce Bodine, CFO Clint Freeland, and EVP of Commercial Jenny Wang, Overall, we come away encouraged by management's optimism on Phosphate (P) markets and internal production/cost initiatives as we head into the 2H. The discussion focused primarily on MOS' P operations, where management emphasized tight glo ...

Even after missing net income expectations and posting a net loss of $162 million in the past quarter, shares of Mosaic Co. NYSE: MOS still warrant a double-digit upside from where they trade today. At least, that is what Wall Street analysts currently expect, as stock valuations are often forward-looking and not wholly based on the present data.Mosaic TodayMOSMosaic$26.40 -0.42 (-1.57%) 52-Week Range$26.09▼$42.81Dividend Yield3.18%P/E Ratio11.23Price Target$36.42Add to WatchlistIn the case of Mosaic, the a ...

The Mosaic Company (NYSE:MOS) Q2 2024 Earnings Conference Call August 7, 2024 11:00 AM ET Company Participants Jason Tremblay - VP, Finance, Strategy & Digital Transformation Bruce Bodine - President and CEO Jenny Wang - EVP, Commercial Conference Call Participants Ben Isaacson - Scotiabank Vincent Andrews - Morgan Stanley Joel Jackson - BMO Capital Markets Steve Byrne - Bank of America Adam Samuelson - Goldman Sachs Chris Parkinson - Wolfe Research Ben Theurer - Barclays Edlain Rodriguez - Mizuho Lucas Bea ...

Financial Performance - For the three months ended June 30, 2024, Mosaic reported a net loss of $(161.5) million, or $(0.50) per diluted share, compared to net income of $369.0 million, or $1.11 per diluted share for the same period in 2023[110]. - For the six months ended June 30, 2024, Mosaic reported a net loss of $(116.3) million, or $(0.36) per diluted share, compared to net earnings of $800.0 million, or $2.39 per diluted share for the same period in 2023[113]. - Net sales for the three months ended June 30, 2024 decreased by 17% to $2,816.6 million, driven primarily by lower average selling prices[109]. - For the six months ended June 30, 2024, net sales were $2.3 billion, a decrease from $2.7 billion in the same period of 2023, primarily due to lower sales volumes[120]. Segment Performance - The Phosphate segment's operating results for the three months ended June 30, 2024 were negatively impacted by lower sales volumes due to planned maintenance and turnaround activity[110]. - The Potash segment experienced lower average selling prices due to a rebound in global supply, although sales volumes increased due to strong demand in North America[112]. - The Phosphate segment's net sales decreased to $1.2 billion for the three months ended June 30, 2024, down from $1.3 billion in the same period of 2023, primarily due to lower finished goods sales volumes[117]. - The Potash segment's net sales decreased to $663.1 million for the three months ended June 30, 2024, down from $848.7 million in the same period a year ago, primarily due to lower selling prices impacting net sales by approximately $250 million[125]. - The Mosaic Fertilizantes segment's net sales decreased to $1.0 billion for the three months ended June 30, 2024, from $1.4 billion in the same period a year ago, primarily due to lower finished product sales prices[130]. Gross Margin and Earnings - The gross margin for the three months ended June 30, 2024 was $394.0 million, representing a gross margin percentage of 14%, down from 17% in the prior year[109]. - Operating earnings for the three months ended June 30, 2024 were $233.3 million, a decrease of 37% compared to $369.2 million in the prior year[109]. - Gross margin for the Phosphate segment decreased to $153.7 million for the three months ended June 30, 2024, from $216.2 million in the same period of 2023[119]. - Gross margin for the Potash segment decreased to $186.4 million for the three months ended June 30, 2024, from $336.0 million in the same period of the prior year, a decline of 45%[125]. - Gross margin for the Mosaic Fertilizantes segment increased to $101.8 million for the three months ended June 30, 2024, from $12.8 million in the same period of the prior year, reflecting improved cost management[130]. Shareholder Returns - During the quarter ended June 30, 2024, Mosaic repurchased 1,835,788 shares of Common Stock for approximately $52.0 million at an average price of $28.33[112]. - The company returned cash to shareholders through share repurchases of $160.4 million and cash dividends of $137.4 million during the six months ended June 30, 2024[148]. Cash Flow and Debt - Net cash provided by operating activities was $767.0 million for the six months ended June 30, 2024, a decrease of 37% from $1.2 billion in the prior year[152]. - Net cash used in investing activities was $736.8 million for the six months ended June 30, 2024, compared to $532.9 million in the prior year, with capital expenditures of $716.9 million[153]. - As of June 30, 2024, the company had cash and cash equivalents of $322.0 million, short-term debt of $0.9 billion, long-term debt of approximately $3.3 billion, and stockholders' equity of approximately $11.8 billion[148]. Foreign Currency and Commodity Risks - The foreign currency transaction loss for the three months ended June 30, 2024 was $(267.9) million, compared to a gain of $148.5 million in the prior year period[110]. - The company is exposed to fluctuations in the purchase price of natural gas, ammonia, and sulfur, which can impact operations[166]. - The company uses derivatives to mitigate foreign currency risks, interest rate risks, and commodity price changes[166]. Regulatory and Legal Matters - The company anticipates potential delays in Florida permitting projects due to recent legal developments regarding CWA 404 permitting[157]. - Regulatory approvals are necessary to complete the transaction, and any denial or delay could impair business operations[187]. - A recent federal court decision invalidated Florida's Clean Water Act 404 permitting program, complicating the receipt of necessary approvals[188].

The Mosaic Company (MOS) reported a net loss of $161.5 million or 50 cents per share in the second quarter of 2024. This marks a deterioration from a profit of $369 million or $1.11 per share in the year-ago quarter.Barring one-time items, adjusted earnings per share were 54 cents, lagging the Zacks Consensus Estimate of 68 cents.Net sales declined nearly 17% year over year to $2,816.6 million in the quarter. The metric lagged the Zacks Consensus Estimate of $2,930.8 million. Segment HighlightsNet sales in ...