SASKATOON, Saskatchewan, October 10, 2024--Nutrien Ltd. (TSX and NYSE: NTR) announced today plans to release third quarter 2024 results after market close on Wednesday, November 6. Nutrien will host a conference call to discuss its results and outlook at 10:00 a.m. EST on Thursday, November 7.
UBS has downgraded Nutrien (NYSE:NTR) to a "neutral" rating from a "buy,” citing a weaker agricultural market outlook and diminishing free cash flow prospects. UBS analysts had previously expected that Nutrien's stock could recover as potash markets stabilized, but their latest earnings forecasts revealed a less optimistic scenario for the near term. UBS now expects Nutrien's earnings, particularly in its nitrogen and potash segments, to remain steady but with limited upside potential.
Altius Minerals Corp (ATUSF) reports a significant increase in net earnings despite challenges in EBITDA margins and cash flow.