The Mosaic Company First Quarter Earnings Sneak Peek

The Mosaic Company (NYSE:MOS) will unveil its latest earnings on Wednesday, September 28, 2011. The Mosaic Co. is a producer and marketer of concentrated phosphate and potash crop nutrients for the global agriculture industry.

The Mosaic Company Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of $1.27 per share, a rise of 89.6% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from $1.23. Between one and three months ago, the average estimate moved up, but has dropped from $1.28 during the last month. For the year, analysts are projecting profit of $5.84 per share, a rise of 34.6% from last year.

Past Earnings Performance: The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked net income of $1.45 per share versus a mean estimate of profit of $1.38 per share.

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Analyst Ratings: eight out of 15 analysts surveyed (53.3%) have a buy rating on Mosaic Company.. This is below the mean analyst rating of seven competitors, which average 66.7% buy ratings.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 47.1%, with the biggest boost coming in the second quarter of the last fiscal year when revenue rose 56.4% from the year earlier quarter.

The company has now seen net income rise in three straight quarters. In the fourth quarter of the last fiscal year, net income rose 63.9% while it rose more than twofold in the third quarter of the last fiscal year and 851.4% in the second quarter of the last fiscal year.

The company’s gross margin shrank by 2.2 percentage points in the in the fourth quarter of the last fiscal year. Revenue rose 53.8% while cost of sales rose 59.1% to $1.87 billion from a year earlier.

Competitors to Watch: Potash Corp./Saskatchewan (NYSE:POT), Agrium Inc. (NYSE:AGU), CF Industries Hldgs., Inc. (NYSE:CF), Intrepid Potash, Inc. (NYSE:IPI), AgFeed Industries (NASDAQ:FEED), Converted Organics Inc. (NASDAQ:COIN), and Monsanto Company (NYSE:MON).

Stock Price Performance: During September 16, 2011 to September 22, 2011, the stock price had dropped $10.88 (-15.3%) from $70.99 to $60.11. The stock price saw one of its best stretches over the last year between May 20, 2011 and May 31, 2011 when shares rose for seven-straight days, rising 8.3% (+$5.43) over that span. It saw one of its worst periods between September 15, 2011 and September 22, 2011 when shares fell for six-straight days, falling 15.4% (-$10.96) over that span. Shares are down $16.10 (-21.1%) year to date.

(Source: Xignite Financials)

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