Core Viewpoint - Nutrien reported quarterly earnings of $0.31 per share, missing the Zacks Consensus Estimate of $0.33 per share, and down from $0.37 per share a year ago, indicating an earnings surprise of -6.06% [1] - The company posted revenues of $5.08 billion for the quarter, missing the Zacks Consensus Estimate by 1.42%, and down from $5.66 billion year-over-year [2] Financial Performance - Over the last four quarters, Nutrien has surpassed consensus EPS estimates two times and topped revenue estimates just once [2] - The current consensus EPS estimate for the upcoming quarter is $0.42 on revenues of $5.27 billion, and for the current fiscal year, it is $3.74 on revenues of $26.86 billion [7] Market Performance - Nutrien shares have increased approximately 15.4% since the beginning of the year, outperforming the S&P 500's gain of 4.2% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Outlook - The Fertilizers industry is currently ranked in the top 16% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]
Nutrien (NTR) Q4 Earnings and Revenues Miss Estimates