A lot has changed in a year. Analysts expect a huge surge in The Mosaic Co.’s second-quarter results versus the year-ago performance.
The Bloomberg Consensus, the average from a survey of major analysts, expects Mosaic to post second-quarter net income of $328.2 million on revenues of $2.92 billion, with adjusted EBITDA of $803.1 million. This compares with Mosaic’s year-ago net income of $47.4 million, revenues of $2 billion and adjusted EBITDA of $383 million (GM Aug. 7, 2020).
Mosaic will release second-quarter results on Aug. 2 after market close.