Mosaic (MOS) stock dropped about 3.6% in premarket trading on Monday after the fertilizer company posted a surprise loss for the first quarter of 2026.
The company reported a net loss of $258 million. Analysts had expected a profit of $71.5 million, according to FactSet. Thatโs a big miss.
On an adjusted basis, Mosaic earned 5 cents per share. Wall Street had been looking for 24 cents. Still a miss.
$MOS ๐๐จ๐ฌ๐๐ข๐: ๐๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐๐ก๐๐ซ๐ ๐๐ฌ ๐๐ข๐ญ ๐๐, ๐๐ก๐จ๐ฌ๐ฉ๐ก๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐๐ซ ๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐
๐๐๐ฌ๐ฎ๐ฅ๐ฌ
โข Revenue: $3.0B
โข Net loss: -$258M
โข Adj. EPS: $0.05
โข Adj. EBITDA: $416M (vs. $544M YoY)
โข Operating loss: -$373M
โข Phosphateโฆโ alldaystocks | 24/7 Market News (@allday_stocks) May 11, 2026
Net sales came in at $3 billion, which actually topped the consensus estimate of $2.9 billion. The revenue beat, though, wasnโt enough to offset concerns about rising costs and a murky production outlook.
The Iran war has tightened global fertilizer supply and lifted prices โ a tailwind for Mosaicโs top line. But it has also pushed up the companyโs input costs. Sulfur prices hit record levels in the quarter, eating into margins.
CEO Bruce Bodine said in a statement: โBusiness conditions were volatile in the first quarter. We responded by curtailing uneconomic production, carefully managing working capital and using our market access to meet customer demand.โ
Mosaic pulled its full-year phosphate production guidance on Monday. The company said it plans to scale back phosphate output at facilities in both the U.S. and Brazil starting this month as it reassesses its operating plan for the rest of 2026.
Analysts responded by cutting their price targets on the stock. The combination of reduced guidance, production cuts, and tighter working capital management was read by investors as a sign of a tougher road ahead.
The company also trimmed its 2026 capital spending plan to $1.25 billion, deferring projects it deemed less time-sensitive. Mosaic said the cuts should not materially affect its medium-term operating rates.
Not all fertilizer names sold off. CF Industries, which focuses mainly on nitrogen fertilizers, rose 1.3% on Monday. CF Industries actually got a boost at the start of the Iran conflict. Fellow producer Nutrien was up 0.9% in premarket trading.
Mosaic stock has now fallen about 7.9% year-to-date as of Fridayโs close. The technical sentiment signal is currently listed as a sell, with a market cap sitting around $7.05 billion.
Average daily trading volume runs at about 9.5 million, so Mondayโs moves are being watched closely.
The companyโs next steps in reassessing its phosphate operating plan for the rest of the year will be a key focus for investors.
The post Mosaic (MOS) Stock Slides as Iran War Squeezes Margins and Kills Guidance appeared first on CoinCentral.
