The Mosaic Company (NYSE:MOS) will release earnings for its first quarter before the opening bell on Monday, May 11.
Analysts expect the company to report quarterly earnings of 22 cents per share, down from 49 cents per share in the year-ago period. The consensus estimate for Mosaic’s quarterly revenue is $2.9 billion (it reported $2.62 billion last year), according to Benzinga Pro.
Ahead of quarterly earnings, CIBC analyst Hamir Patel, on April 30, maintained a Neutral rating on Mosaic and lowered the price target from $32 to $27.
With the recent buzz around Mosaic, some investors may be eyeing potential gains from the company’s dividends too. As of now, Mosaic has an annual dividend yield of 3.84%, which is a quarterly dividend amount of 22 cents per share (88 cents a year).
So, how can investors exploit its …
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