Yara International ASA (OTCMKTS:YARIY) Issues Earnings Results

Yara International ASA (OTCMKTS:YARIY - Get Free Report) issued its earnings results on Friday. The basic materials company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $0.53 by $1.29, Zacks reports. The business had revenue of $3.95 billion for the quarter, compared to the consensus estimate of $41.02 billion. Yara International ASA had a net margin of 2.04% and a return on equity of 10.42%.

Yara International ASA Stock Down 0.3%

OTCMKTS YARIY traded down $0.07 during trading hours on Friday, reaching $18.66. 13,137 shares of the company's stock were exchanged, compared to its average volume of 13,772. The company's 50-day moving average is $18.51 and its two-hundred day moving average is $16.13. Yara International ASA has a one year low of $12.98 and a one year high of $20.31. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.96 and a current ratio of 1.90. The company has a market capitalization of $9.50 billion, a price-to-earnings ratio of 13.52 and a beta of 0.93.

Yara International ASA Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 18th. Stockholders of record on Tuesday, June 3rd were paid a $0.1846 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This represents a dividend yield of 1.02%. Yara International ASA's dividend payout ratio (DPR) is presently 29.82%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on YARIY. Kepler Capital Markets raised shares of Yara International ASA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, June 11th. BNP Paribas upgraded shares of Yara International ASA to a "strong-buy" rating in a research note on Wednesday, April 9th.

Yara International ASA Company Profile

Yara International ASA provides crop nutrition and industrial solutions in Norway, European Union, Europe, Africa, Asia, North and Latin America, Australia, and New Zealand. The company offers ammonium- and urea-based fertilizers; compound fertilizers that contain nutrients, such as nitrogen, phosphorus, and potassium; coatings; biostimulants; organic-based fertilizers; green fertilizers are nitrate-based mineral fertilizers, as well as foliar and fertigation solutions; and nitrate, calcium nitrate, micronutrient, and fertigation and urea fertilizers.