How Did Fertilizer Affordability Trend Last Week?
In the week ended February 24, 2017, the Fertilizer Affordability Index remained unchanged at 0.64x from the week prior.
MAP (monoammonium phosphate) is the second-most-used phosphate fertilizer after DAP (diammonium phosphate).
MOP (muriate of potash) is the key potash fertilizer (XLB) (SPX-INDEX) used globally.
In this part of the series, we’ll look at the weekly price movements for natural gas in the United States (MOO) (COMP-INDEX) at Henry Hub.
Last week was mostly positive for DAP (diammonium phosphate).
Urea is the most globally used nitrogen fertilizer.
In this weekly series, we’ll provide an update on fertilizer price movements for the week ended February 24, 2017.
For 4Q16, Wall Street analysts expect Intrepid Potash (IPI) to report flat free cash flow, which would be better than the company’s -$29 million in free cash flow in 4Q15.
For the company’s upcoming 4Q16 earnings, analysts estimate that Intrepid Potash could report EBITDA of $3.4 million.
Over the past four quarters, Intrepid Potash has reported a loss of $0.88 per share, down from its EPS of $0.03.
Wall Street analysts estimate that Intrepid Potash could report $32.4 million in revenues for 4Q16, which would be a significant 24% year-over-year decline from $42.8 million in 4Q15.
Wall Street analysts expect Intrepid Potash (IPI) to report flat gross income in 4Q16 compared to -$28.5 million in 4Q15.
Intrepid Potash (IPI) is set to announce its 4Q16 earnings on February 28, 2017, and is expected to report a loss of $0.12 per share. This is an improvement over its loss of $0.26 per share in 4Q15.
Scotts Miracle-Gro (SMG) announced its 1Q17 earnings on January 31, 2017. It posted a loss per share of $1.08 against the estimated $1.25 loss per share.
FMC reported its 4Q16 earnings on February 6, 2017, with EPS (earnings per share) of $0.56 compared to -$0.70 in 4Q15.
On January 5, 2017, Monsanto (MON) announced its fiscal 1Q17 earnings. EPS was $0.21 per share, which was better than analysts’ estimate of flat earnings.
Intrepid Potash is set to announce its 4Q16 earnings on February 28, 2017. Analysts expect it to report EPS of -$0.12 compared to EPS of -$0.06 in 4Q15.
CF Industries (CF) reported its 4Q16 earnings on February 15, 2017, posting an adjusted loss per share of $0.39 and missing analysts’ estimate of $0.05.
Agrium announced its 4Q16 earnings on February 9, 2017. It reported EPS (earnings per share) of $0.49 compared to $1.46 in 4Q15.
Mosaic (MOS) announced its 4Q16 earnings on February 7, 2017. It reported adjusted EPS (earnings per share) of $0.03 against analysts’ estimate of $0.13.