Nutrien: Q1 Earnings Snapshot
SASKATOON, Saskatchewan (AP) _ Nutrien Ltd. (NTR) on Monday reported first-quarter earnings of $1.38 billion.
On a per-share basis, the Saskatoon, Saskatchewan-based company said it had net income of $2.49. Earnings, adjusted for non-recurring costs, came to $2.70 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.59 per share.
The producer of potash and other fertilizers posted revenue of $7.66 billion in the period, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $7.77 billion.
Nutrien expects full-year earnings in the range of $16.20 to $18.70 per share.