Published on 1 Aug 2023 on Zacks via Yahoo Finance
Nutrien Ltd. NTR is set to release second-quarter 2023 results on Aug 2, after the closing bell.
This fertilizer maker delivered a negative earnings surprise of 22%, on average, over the trailing four quarters. In the last reported quarter, its negative earnings surprise was 28%. The company’s second-quarter results will likely reflect the benefits of healthy demand for fertilizers. However, weaker fertilizer prices are expected to have affected its performance.
NTR shares have lost 17.7% in the past year compared with the industry’s 21.7% decline.