Nutrien (NTR) got here out with quarterly earnings of $0.24 per share, lacking the Zacks Consensus
Nutrien (NTR) got here out with quarterly earnings of $0.24 per share, lacking the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.47 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of -45.45%. 1 / 4 in the past, it was anticipated that this producer of potash and different fertilizers would publish earnings of $1.59 per share when it truly produced earnings of $1.58, delivering a shock of -0.63%.
Over the past 4 quarters, the corporate has not been capable of surpass consensus EPS estimates.
Nutrien, which belongs to the Zacks Fertilizers business, posted revenues of $4.13 billion for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 3.40%. This compares to year-ago revenues of $4.03 billion. The corporate has topped consensus income estimates simply as soon as during the last 4 quarters.
The sustainability of the inventory’s instant value motion primarily based on the…