Nutrien (NTR) Dips More Than Broader Markets: What You Should Know

Nutrien (NTR) Dips More Than Broader Markets: What You Should Know
This story originally appeared on Zacks

In the latest trading session, Nutrien (NTR) closed at $69.25, marking a -0.99% move from the previous day. This change lagged the S&P 500’s daily loss of 0.1%. At the same time, the Dow lost 0.47%, and the tech-heavy Nasdaq lost 0.47%.

Nutrien (NTR) Dips More Than Broader Markets: What You Should Know – Zacks

Heading into today, shares of the producer of potash and other fertilizers had lost 1.01% over the past month, lagging the Basic Materials sector’s gain of 6.68% and the S&P 500’s gain of 3.67% in that time.

Investors will be hoping for strength from Nutrien as it approaches its next earnings release. On that day, Nutrien is projected to report earnings of $2.25 per share, which would represent year-over-year growth of 837.5%. Our most recent consensus estimate is calling for quarterly revenue of $6.49 billion, up 60.13% from the year-ago period.

Investors…

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