5 Key Quarterly Reports to Watch

In this article, we discuss the 5 key quarterly reports to watch. If you want to read our detailed analysis of these companies, go directly to the 11 Key Quarterly Reports to Watch.

5. The Mosaic Company (NYSE:MOS)

Number of Hedge Fund Holders: 46

Shares of The Mosaic Company (NYSE:MOS) fell over three percent in the extended hours on Monday, May 2, 2022, after announcing mixed financial results for the first quarter. The leading supplier of phosphate and potash reported adjusted earnings of $2.41 per share that matched the consensus estimates.

However, the quarterly revenue of $3.92 billion slightly fell short of analysts’ average estimate of $4.08 billion. Among other updates, The Mosaic Company (NYSE:MOS) reported that its gross margin increased to 36.7 percent, from 18.9 percent in the year-ago period. Moreover, it repurchased $422 million worth of its common stock during the quarter.

Speaking on the results, CEO of The Mosaic Company (NYSE:MOS), Joc O’Rourke, said:

“Looking forward, we expect higher annual production across our global platform in both potash and phosphates, as a result of the completed ramp up of Esterhazy K3, a higher run-rate at Colonsay, and a recovery of phosphate output from our North American operations.”