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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Agrium has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
Agrium has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]