Yara Posts Drop In Q3 Profit

Yara International ASA YARIY reported a drop in its third-quarter net profit. Yara's quarterly net profit fell to NOK2.62 billion ($465 million), from NOK3.57 billion, in the year-ago period. Its revenue declined to NOK20.82 billion, from NOK21.18 billion. However, analysts were expecting a net profit of NOK2.46 billion on revenue of NOK21.12 billion. Yara's earnings before interest, depreciation and amortization dropped to NOK4.11 billion, from NOK5.44 billion and versus analysts' estimates of NOK4.16 billion. Yara's shares closed at $52.00 yesterday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsprofit
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!