Nutrien Ltd. (NTR)
Nutrien Ltd. (NTR) Q3 2024 Earnings Conference Call Transcript
Nutrien Ltd. (NYSE:NTR ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Jeff Holzman - VP, IR Ken Seitz - President & CEO Mark Thompson - EVP & Chief Commercial Officer Chris Reynolds - EVP and President of Potash Jeff Tarsi - EVP and President, Global Retail Trevor Williams - EVP and President of Nitrogen & Phosphate Conference Call Participants Andrew Wong - RBC Capital Markets Ben Isaacson - Scotia Capital Joel Jackson - BMO Capital Markets Vincent Andrews - Morgan Stanley Steve Byrne - Bank of America Merrill Lynch Jacob Bout - CIBC World Markets Edlain Rodriguez - Mizuho Securities Richard Garchitorena - Wells Fargo Chris Parkinson - Wolfe Research Daniel Rizzo - Jefferies Aron Ceccarelli - Berenberg Operator Greetings and welcome to Nutrien's 2024 Third Quarter Earnings Call.
Nutrien (NTR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Nutrien (NTR) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Nutrien (NTR) Q3 Earnings and Revenues Lag Estimates
Nutrien (NTR) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.35 per share a year ago.
Countdown to Nutrien (NTR) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
Evaluate the expected performance of Nutrien (NTR) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Nutrien (NTR) Earnings Expected to Grow: Should You Buy?
Nutrien (NTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Nutrien: An Underappreciated Hedge Against Resurgent Supply-Side Inflation Risks
Fertilizer prices have stabilized to pre-COVID levels, with stocks like Nutrien trading as if the supply-chain spike never occurred. Fertilizer producers are an overlooked inflation hedge due to their strong correlation with natural gas and crop prices, with North American export demand growing. Nutrien's valuation is down, but it may be an accumulation opportunity with potential supply-side pressures seemingly rebounding.
Reasons Why You Should Hold Nutrien Stock in Your Portfolio Now
While NTR faces pricing pressure, it gains on healthy demand for fertilizers, backed by the strength in global agriculture markets.
Nutrien: Short-Termism Creates Opportunities For Long-Term Investors (Rating Upgrade)
Nutrien's share price has continued sliding over the course of 2024, but margin and sales headwinds are weakening. The company is well-positioned to serve the high margin North America market while also expending in Latin America. At the same time, the assumptions that are built in the share price are unlikely to persist beyond the near term.
Why Is Nutrien (NTR) Up 1% Since Last Earnings Report?
Nutrien (NTR) reported earnings 30 days ago. What's next for the stock?
Here's Why You Should Retain Nutrien Stock in Your Portfolio
While NTR is exposed to pricing pressure, it benefits from healthy demand for fertilizers, backed by the strength in global agriculture markets.
Nutrien Remains A 'Strong Buy' As The Tide Is Turning
Nutrien's stock has declined due to low crop prices, high inflation, and interest rates, but its strong financials hint at a bottoming trend. The company's cost management and strong performance in key segments show resilience, with a positive long-term outlook driven by rising demand. Despite past struggles, I maintain a Strong Buy rating on Nutrien, confident in its potential rebound as market conditions improve.
Nutrien (NTR) Q2 Earnings Beat Estimates, Revenues Miss
Nutrien's (NTR) earnings beat estimates while sales miss the same on lower selling prices in the second quarter.
