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

Yara International ASA (OTCMKTS:YARIY) released its quarterly earnings results on Friday. The basic materials company reported $0.84 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 Price Performance

Shares of YARIY opened at $23.43 on Friday. The firm has a market capitalization of $11.94 billion, a price-to-earnings ratio of 8.52 and a beta of 0.57. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.02 and a current ratio of 1.79. The stock’s fifty day moving average is $25.24 and its 200-day moving average is $25.28. Yara International ASA has a one year low of $17.48 and a one year high of $31.28.

Analyst Ratings Changes

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

Yara International ASA Company Profile

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.