FY2024 EPS Estimates for Yara International ASA (OTCMKTS:YARIY) Lowered by Scotiabank

Yara International ASA (OTCMKTS:YARIY) – Scotiabank dropped their FY2024 earnings per share estimates for Yara International ASA in a research report issued to clients and investors on Monday, April 29th. Scotiabank analyst B. Isaacson now anticipates that the basic materials company will post earnings of $1.51 per share for the year, down from their previous estimate of $1.89. The consensus estimate for Yara International ASA’s current full-year earnings is $1.34 per share.

Yara International ASA Stock Performance

Yara International ASA stock opened at $14.24 on Wednesday. The firm’s 50 day simple moving average is $15.61 and its 200 day simple moving average is $16.43. The company has a current ratio of 1.67, a quick ratio of 0.85 and a debt-to-equity ratio of 0.43. Yara International ASA has a 1-year low of $14.06 and a 1-year high of $20.69. The firm has a market capitalization of $7.25 billion, a PE ratio of -203.36 and a beta of 0.94.

Yara International ASA (OTCMKTS:YARIY) last released its earnings results on Friday, February 9th. The basic materials company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.30. The business had revenue of $3.58 billion during the quarter. Yara International ASA had a positive return on equity of 3.20% and a negative net margin of 0.24%.

Yara International ASA Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 30th will be given a dividend of $0.2354 per share. The ex-dividend date is Wednesday, May 29th. Yara International ASA’s payout ratio is currently -3,057.14%.

Yara International ASA Company Profile

Yara International ASA provides crop nutrition and industrial solutions in Norway, European Union, Europe, Africa, Asia, North and Latin America, Australia, and New Zealand. The company offers ammonium- and urea-based fertilizers; compound fertilizers that contain nutrients, such as nitrogen, phosphorus, and potassium; coatings; biostimulants; organic-based fertilizers; green fertilizers are nitrate-based mineral fertilizers, as well as foliar and fertigation solutions; and nitrate, calcium nitrate, micronutrient, and fertigation and urea fertilizers.