Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Nutrien Ltd.    NTR   CA67077M1086

NUTRIEN LTD.

(NTR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Nutrien : Swings to 3Q Loss on Impairment Charge, Narrows Annual Guidance -- Earnings Review

11/02/2020 | 06:09pm EST

By Maria Armental

Fertilizer giant Nutrien Ltd. swung to a third-quarter loss amid the coronavirus pandemic. Here's what you need to know:

LOSS: The company reported a loss of $587 million, or $1.03 a share, driven by a non-cash impairment of $823 million primarily related to phosphate operations. On an adjusted basis, the profit was 23 cents a share. A year earlier, it reported a profit of $141 million, or 24 cents a share.

REVENUE: Sales rose to $4.21 billion from $4.17 billion a year earlier.

PHOSPHATE: The company said global phosphate prices have trended higher due to strong demand in India and Brazil, and trade flow changes related to countervailing duty investigations in the U.S. Company officials said they believe "the phosphate market is fundamentally oversupplied which could limit a long-term price recovery."

OUTLOOK: Nutrien now expects $1.60 to $1.85 a share in adjusted profit, compared with its earlier view of $1.50 to $1.90 a share.

PANDEMIC: Chief Executive Chuck Magro pointed to strong fertilizer sales volumes and orders' growth through its digital agriculture platform, surpassing $1 billion of sales. "Market conditions are improving around the world with higher crop and fertilizer prices, lower expected inventories and strong demand for crop inputs as we finish the year and enter 2021," Mr. Magro said in a statement.

Write to Maria Armental at maria.armental@wsj.com

(END) Dow Jones Newswires

11-02-20 1808ET

Stocks mentioned in the article
ChangeLast1st jan.
EURO / BRAZILIAN REAL (EUR/BRL) 1.56% 6.6098 Delayed Quote.1.03%
NUTRIEN LTD. -1.13% 67.37 Delayed Quote.11.40%
All news about NUTRIEN LTD.
01/20NUTRIEN : Announces Release Dates for Fourth Quarter 2020 Results and Conference..
BU
01/20Facing green push on farm, fertilizer makers look to sea for growth
RE
01/15NUTRIEN : Target Price Raised by RBC Capital Markets as Crop Prices Rise
MT
01/15NUTRIEN : RBC Capital Adjusts Nutrien PT to $57 From $55, Maintains Outperform R..
MT
01/12Nutrien Rises to a 17-Month High as Crop Prices Jump Following USDA Report
MT
2020LOGISTICS REPORT : Delivering More Doses; Crackdown on Alibaba; Peloton's Faster..
DJ
2020GRAIN HIGHLIGHTS : Top Stories of the Day
DJ
2020LIVESTOCK HIGHLIGHTS : Top Stories of the Day
DJ
2020AGRICULTURE INDUSTRY BETS ON A NEW C : Carbon
DJ
2020NUTRIEN : Announces Agreement for Sale of Equity Position in MOPCO and Settlemen..
AQ
More news
Financials (USD)
Sales 2020 19 984 M - -
Net income 2020 203 M - -
Net Debt 2020 9 677 M - -
P/E ratio 2020 131x
Yield 2020 3,33%
Capitalization 30 673 M 30 762 M -
EV / Sales 2020 2,02x
EV / Sales 2021 1,90x
Nbr of Employees 22 300
Free-Float 99,2%
Chart NUTRIEN LTD.
Duration : Period :
Nutrien Ltd. Technical Analysis Chart | NTR | CA67077M1086 | MarketScreener
Technical analysis trends NUTRIEN LTD.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 54,23 $
Last Close Price 53,89 $
Spread / Highest target 15,0%
Spread / Average Target 0,63%
Spread / Lowest Target -16,5%
EPS Revisions
Managers and Directors
NameTitle
Charles V. Magro President, CEO & Non-Independent Director
Mayo M. Schmidt Chairman
Pedro Farah Chief Financial Officer & Executive Vice President
Brent D. Poohkay Chief Information Officer & Executive VP
Christopher M. Burley Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
NUTRIEN LTD.11.40%30 762
SOCIEDAD QUÍMICA Y MINERA DE CHILE S.A.18.11%15 050
THE SCOTTS MIRACLE-GRO COMPANY14.20%12 665
YARA INTERNATIONAL ASA9.75%12 161
SAUDI ARABIAN FERTILIZERS COMPANY13.77%11 635
THE MOSAIC COMPANY23.47%10 770