The Mosaic Co.’s first-quarter net income is expected to climb to $900.3 million compared to the year-ago $157 million, according to the Bloomberg Consensus, which averages the projections from major analytical firms. The actual range given by analysts was $799-$994 million.
Sales are expected to see a boost to $4.1 billion ($3.8-$4.5 billion) from the year-ago $2.3 billion.
Adjusted EBITDA is forecast at $1.44 billion, up from the year-ago $560 million. The analyst range was $1.33-$1.6 billion.
Mosaic’s first-quarter results are expected to be released after markets close on May 2.