Nutrien (NTR)
NYSE:NTR
Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.95Last Year’s EPS
2.64Same Quarter Last Year
Moderate Buy
Based on 16 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong operational execution and several clear financial successes in Q1 — notably $1.1 billion adjusted EBITDA, record potash shipments, solid nitrogen performance (92% ammonia operating rate), maintained guidance ranges, ongoing buybacks, and cost-discipline actions. However, material macro and operational risks remain: the Middle East conflict has already disrupted >30% of urea trade and ~25% of ammonia/phosphate trade, driving higher input costs (sulfur, ammonia, gas), pressuring phosphate margins (Q1 phosphate EBITDA only $57M despite +20% production), and leaving specific assets (Trinidad, parts of Brazil) under strategic review or shut down. On balance, management preserved guidance, demonstrated flexibility in operations and capital allocation, and delivered meaningful quarter-over-quarter improvements, but acknowledged notable commodity, geopolitical and portfolio risks that could weigh on results if prolonged.Company Guidance
Strong Quarterly Adjusted EBITDA
Adjusted EBITDA increased to $1.1 billion in Q1 2026, driven by strong customer demand and higher global benchmark prices across upstream and downstream businesses.
Record Potash Sales and Robust Potash EBITDA
Potash sales volume exceeded 3.5 million tonnes in the quarter (record for the company) and potash adjusted EBITDA was $578 million; company maintained annual global shipment forecast of 74–77 million tonnes and Nutrien potash sales guidance of 14.1–14.7 million tonnes.
Nitrogen Operational Strength
Nitrogen adjusted EBITDA totaled $482 million; ammonia operating rate was ~92% in Q1; increased sales of upgraded nitrogen products to agricultural markets following debottleneck projects; annual nitrogen sales volume guidance maintained at 9.2–9.7 million tonnes.
Retail Performance and Stable Guidance
Retail adjusted EBITDA was $108 million in the seasonally slower first quarter; full-year retail adjusted EBITDA guidance maintained at $1.75–1.95 billion with ~70% of earnings expected in H1; company expects high single-digit growth in proprietary products gross margin in 2026.
Upstream Volume and Cost Improvements
Upstream sales volumes increased to 6.5 million tonnes in Q1; management reported lower controllable cash costs and reduced natural gas cost exposure by operating 100% of North American nitrogen production from low-cost plants.
Balance Sheet and Capital Allocation Actions
Prior-year share repurchases were ~ $550 million and adjusted net debt was reduced by ~ $600 million; the company is repurchasing shares at ~ $55 million per month in Q2; 2026 capital expenditures guidance remains $2.0–2.1 billion; completed a ~$45 million tuck‑in acquisition.
Phosphate Production Recovery (Volume)
Phosphate production volumes increased ~20% year-over-year in Q1, demonstrating reliability improvements and higher sales volumes versus Q1 2025.
NTR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NTR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $73.81 | $68.38 | -7.36% |
Feb 18, 2026 | $69.78 | $71.26 | +2.13% |
Nov 05, 2025 | $53.14 | $54.71 | +2.94% |
Aug 06, 2025 | $56.50 | $54.32 | -3.87% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Nutrien (NTR) report earnings?
Nutrien (NTR) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Nutrien (NTR) earnings time?
Nutrien (NTR) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NTR EPS forecast?
NTR EPS forecast for the fiscal quarter 2026 (Q2) is 2.95.
