Nutrien (NYSE:NTR) will release its quarterly earnings report on Wednesday, 2024-11-06. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Nutrien to report an earnings per share (EPS) of $0.45.
Anticipation surrounds Nutrien's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Past Earnings Performance
In the previous earnings release, the company beat EPS by $0.15, leading to a 2.23% drop in the share price the following trading session.
Here's a look at Nutrien's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 2.19 | 0.37 | 0.66 | 0.68 |
| EPS Actual | 2.34 | 0.46 | 0.37 | 0.35 |
| Price Change % | -2.0% | 5.0% | 7.000000000000001% | 2.0% |
Market Performance of Nutrien's Stock
Shares of Nutrien were trading at $50.78 as of November 04. Over the last 52-week period, shares are down 4.96%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Nutrien visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
