Mosaic(US:MOS) ZACKSยท2024-11-05 16:05Company Overview - Mosaic (MOS) is expected to report a year-over-year decline in earnings due to lower revenues for the quarter ended September 2024, with a consensus EPS estimate of $0.58, reflecting a -14.7% change [3][10] - Revenues are anticipated to be $3.28 billion, down 7.4% from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for release on November 12, 2024, and could influence the stock price depending on whether the actual results exceed or fall short of expectations [2] - The consensus EPS estimate has been revised 16.5% higher over the last 30 days, indicating a reassessment by analysts [4] Earnings Surprise Prediction - The Most Accurate Estimate for Mosaic is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -20.69%, suggesting a bearish outlook from analysts [10] - The stock currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat conclusively [10] Historical Performance - In the last reported quarter, Mosaic was expected to post earnings of $0.68 per share but only achieved $0.54, resulting in a surprise of -20.59% [11] - Over the past four quarters, the company has only beaten consensus EPS estimates once [12] Industry Context - Another player in the fertilizers industry, ICL Group (ICL), is expected to report earnings of $0.08 per share for the same quarter, indicating a year-over-year change of -27.3% [16] - ICL Group's revenues are projected to be $1.73 billion, down 6.9% from the previous year [16]