Nutrien Ltd (NTR:CA), a global leader in crop inputs and services, is poised to report its Q4 2024 financial results. With operations spanning Retail, Potash, Nitrogen, and Phosphate, Nutrien’s extensive network supports growers worldwide, positioning the company as a cornerstone of the agricultural value chain.
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Expected Q4 Earnings Report of Nutrien Ltd:
The company is set to release its Q4 2024 earnings after market close on February 19, 2025, with an accompanying conference call scheduled for February 20 at 10:00 a.m. EST.
According to analysts, including Scotiabank’s B. Isaacson, Nutrien is expected to deliver an earnings per share (EPS) of approximately $0.42 for the quarter.
The broader consensus for full-year earnings hovers around $5.34 per share, underscoring steady performance despite ongoing market challenges in the agricultural sector.
Recent Analyst Ratings
According to a snapshot of recent analyst actions:
- CIBC World Markets maintained its Outperform rating on Nutrien, setting a target price of CAD 78.
- Morningstar maintained a Buy rating, with a target price of CAD 70
- Piper Jaffray Companies upgraded Nutrien to Overweight, placing a higher price target of CAD 83.5 on the stock.
Stock Target Advisor’s Analysis on Nutrien Ltd:
Independent analysis from Stock Target Advisor paints a bullish picture for Nutrien. The firm highlights Nutrien’s stable cash flows and consistent free cash flow generation, which have enabled it to outperform many of its peers.
On the downside, some caution is advised given its relatively high P/E ratio and elevated leverage compared to sector averages.
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Conclusion:
As Nutrien prepares to unveil its Q4 2024 results, investors will be watching the earnings conference call closely for insights into both its quarterly performance and future outlook.
Despite challenges within the agricultural market, Nutrien’s solid fundamentals and strategic investments provide a compelling case for sustainable growth.
Muzzammil is a content writer at Stock Target Advisor. He has been writing stock news and analysis at Stock Target Advisor since 2023 and has worked in the financial domain in various roles since 2020. He has previously worked on an equity research firm that analyzed companies listed on the stock markets in the U.S. and Canada and performed fundamental and qualitative analyses of management strength, business strategy, and product/services forecast as indicated by major brokers covering the stock.
