Yara International ASA (OTCMKTS:YARIY) Posts Earnings Results, Misses Expectations By $0.11 EPS

Yara International ASA (OTCMKTS:YARIY) announced its quarterly earnings results on Thursday. The basic materials company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.11), Zacks reports. The company had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.46 billion. Yara International ASA had a net margin of 8.20% and a return on equity of 15.44%.

Yara International ASA Stock Performance

Shares of Yara International ASA stock opened at $21.51 on Friday. The firm’s 50-day moving average is $23.14 and its 200 day moving average is $24.74. Yara International ASA has a 1 year low of $17.48 and a 1 year high of $31.28. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.78 and a quick ratio of 0.83. The stock has a market cap of $10.96 billion, a price-to-earnings ratio of 7.77 and a beta of 0.61.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Zacks Research lowered shares of Yara International ASA from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 1st. Barclays upgraded shares of Yara International ASA to a “strong sell” rating in a report on Friday, September 4th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Yara International ASA Company Profile

Yara International ASA is a Norway-based global fertilizer and crop nutrition company. Its business focuses on improving agricultural productivity through the production and distribution of nitrogen-based fertilizers, crop nutrition products and related agricultural solutions.

The company’s product portfolio includes ammonia, urea, nitrates, compound and specialty fertilizers, as well as industrial nitrogen products. Yara also provides agronomic guidance and digital tools intended to help farmers improve nutrient management, crop yields and environmental performance.

Yara serves agricultural and industrial customers across a broad international market, with operations, production facilities and sales activities spanning Europe, the Americas, Africa and other regions.