Thomas Barwick Investing in basic materials companies requires a very different approach to other segments of the equity market. As opposed to most cyclical stocks, companies operating in the agricultural space are exposed to much longer cycles in prices of the underlying commodities. That is why, it is so important for investors in Nutrien Ltd. (NYSE:NTR) not to be swayed by short-term oriented analysts and market commentators. The reason why I am saying that is because NTR has been an utter disaster for s ...

A month has gone by since the last earnings report for Nutrien (NTR) . Shares have added about 1% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Nutrien due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Nutrien’s Q2 Earnings Beat Estimates, Revenues MissNutrien r ...

Nutrien Ltd. (NTR) is benefiting from healthy demand for crop nutrients, its actions to reduce costs and strategic acquisitions amid headwinds from lower fertilizer prices.NTR’s shares are down 22.1% over a year compared with a 20.1% decline recorded by its industry. Image Source: Zacks Investment Research Let’s find out why this Zacks Rank #3 (Hold) stock is worth retaining at the moment.Nutrien Gains on Healthy Demand, Acquisitions & Cost CutsNutrien is well-positioned to benefit from higher demand for fe ...

ridvan_celik/E+ via Getty Images Introduction North American agriculture is not in a great spot as sentiment is pressured by a number of headwinds, including subdued crop prices, sticky inflation, and elevated interest rates. This is according to findings from the Purdue Center for Commercial Agriculture, which assesses farm sentiment on a monthly basis. Purdue Center for Commercial Agriculture As a result, while the Ag Economy Barometer has shown signs of a bottom, it remains very subdued - especially if w ...

业绩总结 - 公司2024年上半年净利润为6亿美元，调整后的EBITDA为33亿美元[11] - 2024年第二季度零售业务毛利润为10.67亿美元，较去年同期略有下降[31] - 公司预计2024年零售调整后EBITDA范围为15亿至17亿美元[131] 用户数据 - Crop Nutrients销售量在Q2'24 YTD中分别为7.8百万吨和7.8百万吨，其中国际销售量为2.0百万吨，北美销售量为5.8百万吨[55] - Potash的平均净销售价格在Q2'24相比Q2'23下降了29%，为212美元/吨[65] - Nitrogen的平均净销售价格在Q2'24相比Q2'23下降了9%，为343美元/吨[105] 未来展望 - 公司专注于提高零售利润率和资产效率，包括投资于高价值专有产品和网络优化，以支持2026年调整后的EBITDA目标[15] - 公司预计2024年钾肥销售量范围为213.2至213.8百万吨[131] - 公司预计2024年氮肥销售量范围为210.6至211.2百万吨[131] 新产品和新技术研发 - 在钾肥方面推进矿山自动化项目，提高生产效率和安全性，同时保持运营灵活性，以支持2026年钾肥销量目标[16] - 在进行中的棕地氮肥扩张和可靠性项目支持2026年氮肥销量目标[17] 市场扩张和并购 - 除中国外，全球小麦库存/使用比率自2007年以来最低[184] - 巴西大豆种植面积预计增加，种植者利润率有所提高[185] - 全球多种作物价格仍高于过去10年的平均水平[188]

文章核心观点 - 公司第二季度营收和利润同比下降 [1][2][3] - 各业务板块销售收入均有不同程度下滑 [4][5][6][7] - 公司调整了部分业务板块的全年销量和利润指引 [9][10][11] 业务板块总结 Nutrien Ag Solutions (Retail) - 销售收入下降12%,主要由于售价下降 [4] Potash - 销售收入下降25%,主要由于价格下降,但销量有所增加 [5] Nitrogen - 销售收入下降15%,主要由于价格下降,销量受北美天气影响有所下滑 [6] Phosphate - 销售收入下降22%,主要由于价格下降,但销量保持平稳 [7] 财务状况 - 现金和现金等价物增加约36% [8] - 长期债务下降近1% [8] - 经营活动产生的现金流为18.07亿美元 [8] 未来展望 - 零售业务调整下调EBITDA指引,主要受巴西市场动荡和北美种植期延迟影响 [9] - 钾肥销量指引上调,预期全球需求增加 [9] - 氮肥销量指引略有收窄,预期产能利用率提高和升级产品销量增加 [10] - 磷肥销量指引下调,受延长检修和设备搬迁延迟影响 [10] - 财务费用指引下调,预期平均短期债务余额降低 [11] - 资本支出预计22-23亿美元,有效税率23-25% [11]

For the quarter ended June 2024, Nutrien (NTR) reported revenue of $10.16 billion, down 12.9% over the same period last year. EPS came in at $2.34, compared to $2.53 in the year-ago quarter.The reported revenue represents a surprise of -6.77% over the Zacks Consensus Estimate of $10.89 billion. With the consensus EPS estimate being $2.13, the EPS surprise was +9.86%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ne ...

The market expects Nutrien (NTR) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on August 7, 2024, might help the stock move higher if these key numbers are better th ...

Nutrien Ltd. (NTR) declared the pricing of $600 million of 5.400% senior notes due Jun 21, 2034, and $400 million of 5.200% senior notes due Jun 21, 2027. The offering is anticipated to conclude, subject to normal closing conditions, on or around Jun 21, 2024. The senior notes, which are registered under both the U.S. and Canadian multi-jurisdictional disclosure systems, will not be made available for offering in Canada or to Canadian residents. The net proceeds from this offering will be used by Nutrien to ...

For Immediate Release Chicago, IL – June 12, 2024 – Today, Zacks Equity Research discusses Nutrien Ltd. (NTR) , ICL Group Ltd (ICL) and Intrepid Potash, Inc. (IPI) Industry: Fertilizer Link: https://www.zacks.com/commentary/2286432/3-top-fertilizer-stocks-to-watch-from-a-promising-industry The Zacks Fertilizers industry is expected to benefit from favorable demand fundamentals for major crop nutrients, including phosphate and potash. The underlying strength of the agricultural market and attractive farm eco ...