We are in the final lap of the fourth-quarter earnings season, with 358 companies on the S&P 500 index having already reported their quarterly numbers. The results so far have been quite encouraging with growth on track to be the highest in two years and total earnings for the quarter set to be a new quarterly record.
Per the latest Earnings Preview report, considering the actual results from the S&P 500 members that have reported, total earnings are expected to rise 7.5% year over year on the back of a 3.9% growth in revenues.
In this write-up, we put the spotlight on a few agriculture companies that are scheduled to report their quarterly results on Feb 15.
The agriculture market is not out of the woods yet and negative sentiment among investors keen on this space prevails. The persistent softness in agricultural commodity pricing is a concern for fertilizer and agricultural chemicals companies as it is hindering fertilizer use by farmers given the adverse effect of lower crop pricing on growers’ income. Lower farm income has a negative influence on growers’ nutrient purchasing decisions.
A challenging currency environment along with economic weakness has also slowed down demand for nutrients across certain emerging markets. Further, fertilizer makers remain exposed to a difficult pricing environment for the nutrients they sell. Global capacity expansion continues to exert pressure on fertilizer prices. Margins of these companies remain thwarted by a weak nutrient pricing environment.
The Andersons, Inc. (ANDE - Free Report) is scheduled to report fourth-quarter 2016 results after the close of market. In the last reported quarter, Andersons reported third-quarter 2016 earnings of 6 cents per share, marking a reversal from the prior-year quarter’s loss of 4 cents per share despite a 5.4% drop in revenues.
The Andersons, Inc. Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
We are in the final lap of the fourth-quarter earnings season, with 358 companies on the S&P 500 index having already reported their quarterly numbers. The results so far have been quite encouraging with growth on track to be the highest in two years and total earnings for the quarter set to be a new quarterly record.
Per the latest Earnings Preview report, considering the actual results from the S&P 500 members that have reported, total earnings are expected to rise 7.5% year over year on the back of a 3.9% growth in revenues.
In this write-up, we put the spotlight on a few agriculture companies that are scheduled to report their quarterly results on Feb 15.
The agriculture market is not out of the woods yet and negative sentiment among investors keen on this space prevails. The persistent softness in agricultural commodity pricing is a concern for fertilizer and agricultural chemicals companies as it is hindering fertilizer use by farmers given the adverse effect of lower crop pricing on growers’ income. Lower farm income has a negative influence on growers’ nutrient purchasing decisions.
A challenging currency environment along with economic weakness has also slowed down demand for nutrients across certain emerging markets. Further, fertilizer makers remain exposed to a difficult pricing environment for the nutrients they sell. Global capacity expansion continues to exert pressure on fertilizer prices. Margins of these companies remain thwarted by a weak nutrient pricing environment.
The Andersons, Inc. (ANDE - Free Report) is scheduled to report fourth-quarter 2016 results after the close of market. In the last reported quarter, Andersons reported third-quarter 2016 earnings of 6 cents per share, marking a reversal from the prior-year quarter’s loss of 4 cents per share despite a 5.4% drop in revenues.
The Andersons, Inc. Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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