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.
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.