Why The Mosaic (MOS) Might Surprise This Earnings Season

By | October 30, 2016

Investors are always looking for stocks that are poised to beat at earnings season and The Mosaic CompanyMOS may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.

That is because The Mosaic is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings-with the most up-to-date information possible-is a pretty good indicator of some favorable trends underneath the surface for MOS in this report.

In fact, the Most Accurate Estimate for the current quarter is currently at 17 cents per share for MOS, compared to a broader Zacks Consensus Estimate of 11 cents per share. This suggests that analysts have very recently bumped up their estimates for MOS, giving the stock a Zacks Earnings ESP of 54.55% heading into earnings season.

MOSAIC CO/THE Price and EPS Surprise

MOSAIC CO/THE Price and EPS Surprise | MOSAIC CO/THE Quote

Why is this Important?

A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10 year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here ).

Given that MOS has a Zacks Rank #3 and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here .

Clearly, recent earnings estimate revisions suggest that good things are ahead for The Mosaic, and that a beat might be in the cards for the upcoming report.

Confidential from Zacks

Beyond this Tale of the Tape, would you like to see Zacks’ best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

MOSAIC CO/THE (MOS): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Latest Articles

Plantations International