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The company missed the Zacks Consensus Estimate in three of the trailing four quarters while beat once. It has a trailing four-quarter negative earnings surprise of 6.3%, on average. It posted a negative earnings surprise of around 8.3% in the last reported quarter. The company is expected to have gained from higher nitrogen demand and prices in the fourth quarter.
Yara’s shares have gained 15% over a year compared with 28.9% rise recorded by the industry it belongs to.
Image Source: Zacks Investment Research
Let’s see how things are shaping up for this announcement.
What do the Estimates Say?
The Zacks Consensus Estimate for revenues for the fourth quarter for Yara is currently pinned at $5,382 million, suggesting an expected year-over-year rise of 84%.
Some Factors to Watch For
Yara’s fourth-quarter results are expected to reflect strong nitrogen demand and higher prices. The company is benefiting from strength in the nitrogen fertilizer market. It is also gaining from a recovery in its industrial business on the back of a rebound in demand. It is seeing strong industrial nitrogen demand.
Higher nitrogen prices on strong demand and tight supply are likely to have supported the company’s margins in the December quarter. Higher demand and lower supply availability resulting from reduced operating rates across Europe and Asia due to higher energy prices have fueled increases in nitrogen prices. A surge in natural gas prices in Europe has led to nitrogen production curtailments, driving global nitrogen prices.
Our proven model does not conclusively predict an earnings beat for Yara this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. But that’s not the case here.
Earnings ESP: Earnings ESP for Yara is 0.00%. The Zacks Consensus Estimate for earnings for the fourth quarter is currently pegged at 52 cents. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Yara currently carries a Zacks Rank #1.
Stocks That Warrant a Look
Here are some companies in the basic materials space you may want to consider as our model shows these have the right combination of elements to post an earnings beat this quarter:
The Zacks Consensus Estimate for Huntsman's fourth-quarter earnings has been revised 4.1% upward over the past 60 days. The consensus estimate for HUN’s earnings for the quarter is currently pegged at 88 cents.
CF Industries Holdings, Inc. (CF - Free Report) , expected to release earnings on Feb 16, has an Earnings ESP of +9.44% and carries a Zacks Rank #3.
The consensus estimate for CF Industries' fourth-quarter earnings has been revised 40.1% upward over the past 60 days. The Zacks Consensus Estimate for CF’s earnings for the quarter stands at $3.25.
Nutrien Ltd. (NTR - Free Report) , scheduled to release earnings on Feb 16, has an Earnings ESP of +0.36% and sports a Zacks Rank #1.
The Zacks Consensus Estimate for Nutrien's fourth-quarter earnings has been revised 0.6% upward over the past 60 days. The consensus estimate for NTR’s earnings for the quarter is currently pegged at $2.31.
Image: Bigstock
What's in Store for Yara International's (YARIY) Q4 Earnings?
Yara International ASA (YARIY - Free Report) is scheduled to come up with fourth-quarter 2021 results on Feb 8.
The company missed the Zacks Consensus Estimate in three of the trailing four quarters while beat once. It has a trailing four-quarter negative earnings surprise of 6.3%, on average. It posted a negative earnings surprise of around 8.3% in the last reported quarter. The company is expected to have gained from higher nitrogen demand and prices in the fourth quarter.
Yara’s shares have gained 15% over a year compared with 28.9% rise recorded by the industry it belongs to.
Let’s see how things are shaping up for this announcement.
What do the Estimates Say?
The Zacks Consensus Estimate for revenues for the fourth quarter for Yara is currently pinned at $5,382 million, suggesting an expected year-over-year rise of 84%.
Some Factors to Watch For
Yara’s fourth-quarter results are expected to reflect strong nitrogen demand and higher prices. The company is benefiting from strength in the nitrogen fertilizer market. It is also gaining from a recovery in its industrial business on the back of a rebound in demand. It is seeing strong industrial nitrogen demand.
Higher nitrogen prices on strong demand and tight supply are likely to have supported the company’s margins in the December quarter. Higher demand and lower supply availability resulting from reduced operating rates across Europe and Asia due to higher energy prices have fueled increases in nitrogen prices. A surge in natural gas prices in Europe has led to nitrogen production curtailments, driving global nitrogen prices.
Yara International ASA Price and EPS Surprise
Yara International ASA price-eps-surprise | Yara International ASA Quote
Zacks Model
Our proven model does not conclusively predict an earnings beat for Yara this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. But that’s not the case here.
Earnings ESP: Earnings ESP for Yara is 0.00%. The Zacks Consensus Estimate for earnings for the fourth quarter is currently pegged at 52 cents. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Yara currently carries a Zacks Rank #1.
Stocks That Warrant a Look
Here are some companies in the basic materials space you may want to consider as our model shows these have the right combination of elements to post an earnings beat this quarter:
Huntsman Corporation (HUN - Free Report) , scheduled to release earnings on Feb 15, has an Earnings ESP of +0.09% and carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Huntsman's fourth-quarter earnings has been revised 4.1% upward over the past 60 days. The consensus estimate for HUN’s earnings for the quarter is currently pegged at 88 cents.
CF Industries Holdings, Inc. (CF - Free Report) , expected to release earnings on Feb 16, has an Earnings ESP of +9.44% and carries a Zacks Rank #3.
The consensus estimate for CF Industries' fourth-quarter earnings has been revised 40.1% upward over the past 60 days. The Zacks Consensus Estimate for CF’s earnings for the quarter stands at $3.25.
Nutrien Ltd. (NTR - Free Report) , scheduled to release earnings on Feb 16, has an Earnings ESP of +0.36% and sports a Zacks Rank #1.
The Zacks Consensus Estimate for Nutrien's fourth-quarter earnings has been revised 0.6% upward over the past 60 days. The consensus estimate for NTR’s earnings for the quarter is currently pegged at $2.31.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.