uploads///EPS Forecast

Analysts’ Estimates for Agribusiness Companies’ Earnings in 2018

Adam Jones - Author
By

Jan. 1 2018, Updated 9:00 a.m. ET

Earnings per share

Earlier, we discussed major agribusiness companies’ earnings, which have mostly fallen over the years. In 2018, their earnings are expected to rise.

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Next-12-month earnings

As shown in the above chart, agribusiness companies’ NTM (next-12-month) EPS (earnings per share) are expected to improve year-over-year. FMC’s (FMC) EPS are expected rise 90% to $4.70, Agrium’s (AGU) are expected to rise 29% to $5.80, Israel Chemicals’ (ICL) are expected rise 27% to $0.36, PotashCorp’s (POT) are expected to rise 24% to $0.60, and Monsanto’s (MON) are expected to rise 3% to $5.70.

Some companies’ EPS are expected to turn positive. CF Industries’ (CF) EPS are expected to rise to $0.22 from -$0.63, and Intrepid Potash’s (IPI) are expected to rise to $0.06 from -$0.39. These two companies significantly outperformed benchmark indexes.

CVR Partners’ (UAN) EPS are expected to improve to -$0.30 from -$0.53 per share. In the next two parts of this series, we’ll compare these companies’ (MOO) valuation multiples.

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