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

Yara International ASA (OTCMKTS:YARIY) posted 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 Price Performance

Shares of YARIY opened at $21.60 on Thursday. Yara International ASA has a 52 week low of $17.48 and a 52 week high of $31.28. The company has a quick ratio of 0.83, a current ratio of 1.78 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $11.00 billion, a price-to-earnings ratio of 7.18 and a beta of 0.61. The stock’s 50-day moving average price is $23.17 and its 200-day moving average price is $24.81.

Analyst Ratings Changes

YARIY has been the topic of several recent analyst reports. Barclays upgraded shares of Yara International ASA to a “strong sell” rating in a report on Friday, September 4th. Zacks Research cut shares of Yara International ASA from a “hold” rating to a “strong sell” rating in a report on Thursday, October 1st. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Yara International ASA currently has a consensus rating of “Hold”.

About Yara International ASA

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.