Yara International ASA (YARIY) Projected to Announce Quarterly Earnings on Friday

Yara International ASA (OTCMKTS:YARIY) is projected to announce its resultson Friday, July 17th. Analysts expect Yara International ASA to post earnings of $1.21 per share and revenue of $5.18 billion for the quarter.

Yara International ASA (OTCMKTS:YARIY) last announced its quarterly earnings data on Friday, April 24th. The basic materials company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.06. Yara International ASA had a net margin of 8.58% and a return on equity of 23.06%. The company had revenue of $4.26 billion during the quarter, compared to analysts’ expectations of $3.95 billion. On average, analysts expect Yara International ASA to post $3 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Yara International ASA Price Performance

YARIY stock opened at $22.71 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.02 and a current ratio of 1.79. Yara International ASA has a 52 week low of $17.48 and a 52 week high of $31.28. The firm’s fifty day moving average is $25.79 and its 200 day moving average is $25.18. The firm has a market cap of $11.57 billion, a P/E ratio of 8.26 and a beta of 0.57.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Zacks Research lowered shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Jefferies Financial Group downgraded Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Pareto Securities raised Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. Finally, Citigroup cut Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Two research analysts have rated the stock with a Strong Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Yara International ASA has a consensus rating of “Moderate Buy”.

Yara International ASA Company Profile

Yara International ASA is a Norway-based chemical company that specializes in the production and distribution of mineral fertilizers and nitrogen-based crop nutrition solutions. Headquartered in Oslo, Yara is recognized for its comprehensive portfolio of products that support agricultural productivity, environmental protection and industrial applications. The company’s operations span the entire value chain from ammonia production to the blending and distribution of finished fertilizer products.

The core of Yara’s business centers on nitrogen-based fertilizers including ammonium nitrate, urea, calcium ammonium nitrate and specialty blends designed to optimize crop yield and nutrient use efficiency.