Yara International ASA (OTCMKTS:YARIY) Releases Quarterly Earnings Results, Misses Expectations By $0.35 EPS

Yara International ASA (OTCMKTS:YARIYGet Free Report) announced its earnings results on Friday. The basic materials company reported $0.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by ($0.35), Zacks reports. Yara International ASA had a return on equity of 23.06% and a net margin of 8.58%.

Yara International ASA Trading Down 1.6%

OTCMKTS YARIY opened at $23.43 on Friday. The stock’s 50-day simple moving average is $25.24 and its two-hundred day simple moving average is $25.28. Yara International ASA has a twelve month low of $17.48 and a twelve month high of $31.28. The company has a quick ratio of 1.02, a current ratio of 1.79 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $11.94 billion, a price-to-earnings ratio of 8.52 and a beta of 0.57.

Wall Street Analysts Forecast Growth

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

View Our Latest Report on Yara International ASA

About Yara International ASA

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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.

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Earnings History for Yara International ASA (OTCMKTS:YARIY)

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