Mosaic (NYSE:MOS) will announce its 1Q2017 (Jan - Mar 2017) earnings on 2 May 2017, BMO. The consensus earnings expectation for this quarter is $0.22, with a high/low of $0.70 / $0.00. We examine the fundamentals driving the business on a QoQ basis to assess where the actual are likely to like compared to the consensus forecast. MOS manufactures DAP & MAP (phosphates), and Potash (MOP) fertilizers. DAP/MAP manufacturing involves phosphatic rock, or phosrock, that MOS mines in Florida, along with sulfur (to manufacture sulfuric acid), and various concentrations of ammonia, to manufacture DAP & MAP. MOP is mined primarily in Canada at MOS-owned mines, and also in a much smaller quantity, in the US, also at company-owned mines. The price behavior of these components along with the end-products is depicted below: Gross Margins The key line to watch here is the sea-green one, DAP Processing Margin. That's the gross margin, the fob DAP product price less
See The Green!
blog dedicated to analyzing US stocks for short-term traders looking to trade earnings. Also, occasionally, providing commentary on broader market and/or macroeconomic developments in the US & other notable markets.