To read this article on click here.Harbor Investment Advisory LLC Reduces Position in The Mosaic Company Amidst Shifting Market Trends The Mosaic Company (MOS) : Free Stock Analysis Report Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Mosaic appears a compelling earnings-beat candidate. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Over the last four quarters, the company has beaten consensus EPS estimates two times.Īn earnings beat or miss may not be the sole basis for a stock moving higher or lower. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.įor the last reported quarter, it was expected that Mosaic would post earnings of $1.95 per share when it actually produced earnings of $1.95, delivering no surprise. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, this combination indicates that Mosaic will most likely beat the consensus EPS estimate.ĭoes Earnings Surprise History Hold Any Clue? On the other hand, the stock currently carries a Zacks Rank of #1. This has resulted in an Earnings ESP of +0.89%. How Have the Numbers Shaped Up for Mosaic?įor Mosaic, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. The consensus EPS estimate for the quarter has been revised 13.89% higher over the last 30 days to the current level. Revenues are expected to be $4.11 billion, up 78.8% from the year-ago quarter. This fertilizer maker is expected to post quarterly earnings of $2.44 per share in its upcoming report, which represents a year-over-year change of +328.1%. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. On the other hand, if they miss, the stock may move lower. The earnings report, which is expected to be released on May 2, 2022, might help the stock move higher if these key numbers are better than expectations. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. Wall Street expects a year-over-year increase in earnings on higher revenues when Mosaic (MOS) reports results for the quarter ended March 2022.
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