Nutrien Q2 2024 Adj. EPS $2.34 Beats $2.19 Estimate, Sales $10.156B Miss $10.805B Estimate
Portfolio Pulse from Benzinga Newsdesk
Nutrien (NYSE:NTR) reported Q2 2024 adjusted EPS of $2.34, beating the estimate of $2.19. However, sales of $10.156 billion missed the $10.805 billion estimate and were down 12.85% from last year.
August 07, 2024 | 10:02 pm
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Nutrien's Q2 2024 adjusted EPS of $2.34 beat estimates, but sales of $10.156 billion missed expectations and were down 12.85% year-over-year.
While Nutrien's EPS beat expectations, the miss on sales and the significant year-over-year decline in revenue may offset the positive EPS news, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100