Yara International ASA (OTCMKTS:YARIY) Releases Earnings Results, Beats Estimates By $0.03 EPS

Yara International ASA (OTCMKTS:YARIY) released its quarterly earnings results on Wednesday. The basic materials company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.03, Zacks reports. Yara International ASA had a return on equity of 20.81% and a net margin of 4.86%.

Yara International ASA Trading Up 1.1%

OTCMKTS YARIY opened at $24.59 on Wednesday. The stock’s 50 day moving average price is $20.93 and its two-hundred day moving average price is $19.31. Yara International ASA has a 52 week low of $13.50 and a 52 week high of $24.61. The stock has a market capitalization of $12.53 billion, a price-to-earnings ratio of 16.96 and a beta of 0.73. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.86 and a current ratio of 1.73.

Wall Street Analyst Weigh In

YARIY has been the subject of several analyst reports. Jefferies Financial Group upgraded shares of Yara International ASA from a “moderate sell” rating to a “strong-buy” rating in a research report on Tuesday, November 11th. Arctic Securiti raised Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Finally, Rothschild & Co Redburn raised shares of Yara International ASA from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 4th. Four equities research analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy”.

Yara International ASA Company Profile

Yara International ASA is a Norway-based chemical company that specializes in the production and distribution of mineral fertilizers and nitrogen-based crop nutrition solutions. Headquartered in Oslo, Yara is recognized for its comprehensive portfolio of products that support agricultural productivity, environmental protection and industrial applications. The company’s operations span the entire value chain from ammonia production to the blending and distribution of finished fertilizer products.

The core of Yara’s business centers on nitrogen-based fertilizers including ammonium nitrate, urea, calcium ammonium nitrate and specialty blends designed to optimize crop yield and nutrient use efficiency.