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.

Analysts’ Estimates for Agribusiness Companies’ Earnings in 2018

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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