Mosaic Company, (MOS): Founded in 2004, headquartered in Plymouth, Minnesota, Mosaic Company produces and markets concentrated phosphate and potash, two of the primary nutrients required to grow the food. The company engages in every phase of crop nutrition development, from the mining of resources to the production of crop nutrients, feed and industrial products for customers around the globe. The customer base for the company includes wholesalers, retailers, and individual growers in more than 40 countries.
Recently analysts cut projections of their fiscal Q1 profit for Mosaic due to concerns about lower demand for fertilizer. MOS missed markets expectations in two of the last four quarters. Market is expecting 35 cents per share for the quarter ended August 2009, which is $2.30 less than its actual profit of $2.65 per share it posted a year ago in the same quarter.
The Mosaic Company is scheduled to release its first-fiscal-quarter earning which ended August 2009, on Monday October 5, 2009, after market close. MOS is in my SHORT sell watch list.
