Yara International ASA Forecasted to Post FY2024 Earnings of $1.51 Per Share (OTCMKTS:YARIY)

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

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

Yara International ASA Stock Down 0.2 %

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

Yara International ASA Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 30th will be issued a $0.2354 dividend. The ex-dividend date of this dividend is Wednesday, May 29th. Yara International ASA’s dividend 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.