Financial Performance - Consolidated revenues reached $3,006 million[6], with an adjusted EBITDA of $566 million[6] - Net income was $411 million[6] Segment Results - Phosphate segment net revenues were $1,173 million[6], with an adjusted EBITDA of $217 million[6], but an operating loss of $8 million[6] - Potash segment net revenues were $711 million[6], with operating earnings of $194 million[6] and an adjusted EBITDA of $278 million[6] - Mosaic Fertilizantes segment net revenues were $1,175 million[6], with operating earnings of $109 million[6] and an adjusted EBITDA of $159 million[6] Production and Sales Volumes - Phosphate sales and production volumes were both 1.5 million tonnes[8] - Potash sales volume was 2.3 million tonnes[11] and production volume was 2.1 million tonnes[11] - Mosaic Fertilizantes sales volumes were 2.2 million tonnes[14], including 1.1 million tonnes of produced products[14] Guidance and Targets - Phosphate Q3 sales volume is expected to be in the range of 1.8 to 2.0 million tonnes[19] - Potash 2025 production volume guidance raised to 9.3 to 9.5 million tonnes[19] - Mosaic Fertilizantes Q3 adjusted EBITDA is expected to be above $200 million[15, 19] Cost Reduction and Capital Allocation - The company achieved $150 million in cost reductions and expanded the target to $250 million by the end of 2026[19, 31] - Capital expenditures for the full year 2025 are projected to be $1.2 to $1.3 billion[45] Market Dynamics - North America and Brazil each represent less than 15% of global phosphate demand and less than 20% of global potash demand[53]

Core Viewpoint - Analysts project that Mosaic (MOS) will report quarterly earnings of $0.39 per share, reflecting a 40% decline year over year, with revenues expected to reach $2.67 billion, a decrease of 0.5% from the same quarter last year [1] Earnings Projections - The consensus EPS estimate has been revised 1.2% higher over the last 30 days, indicating a collective reevaluation by analysts [1][2] Revenue Estimates - Analysts estimate 'Net Sales- Phosphates' at $1.15 billion, down 1.7% year over year [4] - 'Net Sales- Mosaic Fertilizantes' is projected to reach $1.02 billion, up 15.4% from the previous year [4] - 'Net Sales- Potash' is expected to be $516.70 million, reflecting a 19.6% decline year over year [4] Sales Volumes - 'Phosphates - Sales volumes - Total Finished Product' is estimated at 1,591.66 KTon, compared to 1,644 KTon a year ago [5] - 'Potash - Sales volumes - Total Finished Product' is projected to be 2,154.66 KTon, slightly down from 2,163 KTon last year [6] - 'Mosaic Fertilizantes - Sales volumes - Total Finished Product' is expected to reach 1,938.02 KTon, up from 1,715 KTon year over year [6] Cost Estimates - 'Phosphates - Realized costs - Blended rock' is projected at $79.75 per Ton, down from $81 per Ton last year [7] - 'Phosphates - Realized costs - Sulfur' is expected to be $156.99 per Ton, compared to $142 per Ton in the same quarter last year [7] - 'Mosaic Fertilizantes - Average finished product selling price (destination)' is estimated at $503.72, down from $517 year over year [8] Price Expectations - 'Phosphates - Average finished product selling price (destination)' is projected at $649.44, compared to $677 in the same quarter last year [9] Stock Performance - Over the past month, shares of Mosaic have returned +30.1%, significantly outperforming the Zacks S&P 500 composite's +0.4% change [9]