Major Commodity Earnings This Week: ADM, DVN, TNH

As we enter the latter part of earnings season, investors and analysts have had plenty of major reports to digest. Thus far, it seems to have been a mixed bag of results with a number of high-profile beats and misses. Reports from commodity firms have been especially under scrutiny as many worry that China’s plateauing growth will send commodity prices into the gutter. Below, we outline some of the biggest commodity firms reporting earnings this week [for more commodity news and analysis subscribe to our free newsletter].

  • Terra Nitrogen (TNH): The Illinois-based agricultural chemical company has long been an investor favorite as it offers a sky-high dividend yield of approximately 8.5%. TNH will release its earnings on Monday, where analysts are expecting to see revenues of just over $780 million.
  • Archer Daniels Midland (ADM): Prior to the opening bell Tuesday, the famed farm product producer will release its most recent earnings figures. The Street is expecting to see EPS of $0.44 with revenues just under $23 billion. ADM has hit only two of its last four earnings marks, creating a bit of anxiety for shareholders [see also 50 Ways To Invest In Agriculture].
  • FarmFirst Solar (FSLR): The famed photovoltaic module maker will be releasing its earnings after the market closes on Tuesday. Investors and analysts will be especially on their toes for this report, as the stock is known to be relatively volatile. First Solar is expected to show EPS of $0.53 with revenues just over $720 million.
  • Marathon Oil Corporation (MRO): With a market cap of over $25 billion and trading more than 4.6 million shares on a daily basis, Marathon will be one of the most anticipated releases of the week. The firm will report after the closing bell Tuesday when analysts will be looking for EPS of $0.71 and revenues of $3.84 billion. Note that the firm has missed its last two earnings reports, making Tuesday’s release all the more important.
  • Devon Energy (DVN): The natural gas giant will report its most recent fiscal quarter results before markets open on Wednesday. Analysts are expecting to see EPS of $0.94 and revenues just shy of $2.6 billion. The firm has beaten the Street for three consecutive quarters now and looks to continue that streak Wednesday.

The Bottom Line

As always, we remind investors that earnings reports have two key elements to watch out for: the actual numbers and the guidance. A company can surpass analyst’s expectations, but a cloudy forecast for the future could send the stock tumbling. Likewise, a miss on the numbers can often be overshadowed by a strong outlook. Be sure to pay attention to both aspects of each report in order to properly trade the stock.

Don’t forget to subscribe to our free daily commodity investing newsletter and follow us on Twitter @CommodityHQ.

Disclosure: No positions at time of writing.





This entry was posted in Agriculture, Alternative Energy, Earnings, Energy, Natural Gas, Solar, WTI and tagged , , , , . Bookmark the permalink.

Commodity HQ is not an investment advisor, and any content published by Commodity HQ does not constitute individual investment advice. The opinions offered herein are not personalized recommendations to buy, sell or hold securities or investment assets. Read the full disclaimer here.

Leave a Reply

  • Subscribe

    • RSS Icon   Twitter Icon
    • Sign up for free today:
  • Search