Agrium Earnings: What Investors Should Watch
Agrium (NYSE:AGU) will report earnings before markets open on Wednesday, May 8th. Agrium Inc. supplies nitrogen, potash and phosphate for agricultural, industrial, and specialty use. The Company operates throughout the America’s while it markets its products globally.
Here is your Cheat Sheet to Agrium Earnings:
Earnings Expectations: Analysts expect earnings of $1.10 per share on revenues of $3.52 billion. Currently, the company’s P/E ratio stands at 9.43.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $5.46 to a profit $5.34. For the current year, the average estimate is a profit of $9.75, which is worse than the estimate ninety days ago.
Here’s how Agrium has been performing on an annual basis:
|Revenue ($) in millions||10,030||9,129||10,740||15,470||16,690|
|Diluted EPS ($)||8.34||2.33||4.51||8.68||9.55|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||3,177||3,629||6,834||2,962||3,261|
|Diluted EPS ($)||1.196||0.97||5.44||0.80||2.36|
Agrium has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)