Yara share price rallies as Q3 results beat analyst expectations

摘要

LONDON (ICIS)--A plunge in third-quarter net income for Yara failed to deter a rally in its share price on Friday, as analysts noted that the year-on-year fall in earnings for the Norway-based fertilizer producer was not as bad as the market had feared. The Norwegian business reported an adjusted earnings per share (EPS) of Norwegian kroner (NKr) 3.46 ($0.42), excluding currency and special items, alongside a net income drop of 79.5% year on year to NKr820m in the third quarter.