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

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

Yara International ASA Price Performance

Shares of OTCMKTS YARIY opened at $21.60 on Thursday. The firm has a market capitalization of $11.00 billion, a P/E ratio of 7.18 and a beta of 0.61. The firm’s 50-day moving average price is $23.17 and its 200-day moving average price is $24.81. The company has a current ratio of 1.78, a quick ratio of 0.83 and a debt-to-equity ratio of 0.31. Yara International ASA has a 1-year low of $17.48 and a 1-year high of $31.28.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on YARIY shares. Zacks Research lowered shares of Yara International ASA from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 1st. Barclays upgraded Yara International ASA to a “strong sell” rating in a research report on Friday, September 4th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Yara International ASA presently 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.