Yara International ASA (OTCMKTS:YARIY) Releases Quarterly Earnings Results, Misses Estimates By $0.11 EPS

Yara International ASA (OTCMKTS:YARIY) released its quarterly earnings data on Thursday. The basic materials company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.11), Zacks reports. Yara International ASA had a net margin of 9.11% and a return on equity of 16.77%.

Yara International ASA Stock Down 1.2%

Shares of Yara International ASA stock traded down $0.25 during trading on Thursday, reaching $21.35. The stock had a trading volume of 1,216 shares, compared to its average volume of 35,413. The company has a current ratio of 1.78, a quick ratio of 0.83 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $10.88 billion, a price-to-earnings ratio of 7.09 and a beta of 0.61. The stock has a fifty day moving average price of $23.17 and a two-hundred day moving average price of $24.81. Yara International ASA has a 52 week low of $17.48 and a 52 week high of $31.28.

Wall Street Analyst Weigh In

YARIY has been the subject of a number of research reports. Barclays raised Yara International ASA to a “strong sell” rating in a research note on Friday, September 4th. 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. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus 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.