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Nutrien (NTR) Q3 Earnings: Taking a Take a look at Key Metrics Versus Estimates

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Nutrien (NTR) reported $5.35 billion in income for the quarter ended September 2024, representing a year-over-year decline of 5%. EPS of $0.39 for a similar interval compares to $0.35 a 12 months in the past.

The reported income compares to the Zacks Consensus Estimate of $5.36 billion, representing a shock of -0.28%. The corporate delivered an EPS shock of -11.36%, with the consensus EPS estimate being $0.44.

Whereas traders intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Road expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.

Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher undertaking a inventory’s worth efficiency.

Right here is how Nutrien carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:

  • Tonnes Offered – Potash – Complete: 4,152 KTon versus 3,572.55 KTon estimated by 4 analysts on common.
  • Tonnes Offered – Nitrogen: 2,455 KTon versus the four-analyst common estimate of two,604.97 KTon.
  • Crop Vitamins Gross sales Volumes in tonnes – Complete: 1,887 KTon in comparison with the two,229.59 KTon common estimate primarily based on 4 analysts.
  • Crop Vitamins Gross sales Volumes in tonnes – Worldwide: 956 KTon versus 902.06 KTon estimated by 4 analysts on common.
  • Gross sales- Retail Complete: $3.27 billion versus $3.29 billion estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a -6.3% change.
  • Gross sales- Potash: $1.03 billion in comparison with the $941.40 million common estimate primarily based on 5 analysts. The reported quantity represents a change of -7.4% 12 months over 12 months.
  • Gross sales- Phosphate: $467 million versus the five-analyst common estimate of $483.44 million. The reported quantity represents a year-over-year change of -9.5%.
  • Gross sales- Nitrogen: $916 million in comparison with the $926.40 million common estimate primarily based on 5 analysts. The reported quantity represents a change of +10.6% 12 months over 12 months.
  • Gross sales- Retail (Nutrient Ag Options)- Crop safety merchandise: $1.52 billion versus the four-analyst common estimate of $1.47 billion. The reported quantity represents a year-over-year change of -3.1%.
  • Gross sales- Retail (Nutrient Ag Options)- Crop vitamins: $1.09 billion in comparison with the $1.15 billion common estimate primarily based on 4 analysts. The reported quantity represents a change of -12.6% 12 months over 12 months.
  • Internet Gross sales- Eliminations: -$275 million versus the four-analyst common estimate of -$313.99 million. The reported quantity represents a year-over-year change of +5.4%.
  • Internet Gross sales- Phosphate: $412 million versus $423.29 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a -7.2% change.

View all Key Company Metrics for Nutrien here>>>

Shares of Nutrien have returned +4.2% over the previous month versus the Zacks S&P 500 composite’s +0.7% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out consistent with the broader market within the close to time period.

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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.

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