Agrium (NYSE: AGU ) is expected to report Q3 earnings on Nov. 7. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Agrium's revenues will shrink -2.3% and EPS will decrease -1.6%.
The average estimate for revenue is $3.07 billion. On the bottom line, the average EPS estimate is $1.82.
Last quarter, Agrium reported revenue of $6.83 billion. GAAP reported sales were 10% higher than the prior-year quarter's $6.20 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $5.43. GAAP EPS of $5.44 for Q2 were 20% higher than the prior-year quarter's $4.54 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 27.4%, 40 basis points better than the prior-year quarter. Operating margin was 17.7%, 150 basis points better than the prior-year quarter. Net margin was 12.6%, 100 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $16.68 billion. The average EPS estimate is $10.43.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,743 members out of 1,785 rating the stock outperform, and 42 members rating it underperform. Among 347 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 337 give Agrium a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Agrium is outperform, with an average price target of $100.60.
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