Nutrien Q3 Adj EPS $0.35 Misses $0.65 Estimate, Sales $5.63B Miss $5.70B Estimate
Portfolio Pulse from Benzinga Newsdesk
Nutrien (NYSE:NTR) reported Q3 adjusted earnings of $0.35 per share, missing the analyst consensus estimate of $0.65 by 46.15%. This is a 86.06% decrease from the same period last year. The company also reported quarterly sales of $5.63 billion, missing the analyst consensus estimate of $5.70 billion by 1.18%. This is a 31.23% decrease from the same period last year.
November 01, 2023 | 9:04 pm
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Nutrien's Q3 earnings and sales missed estimates, with a significant decrease from the same period last year. This could negatively impact the company's stock price in the short term.
Nutrien's earnings and sales for Q3 significantly missed estimates and decreased from the same period last year. This underperformance could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100