Nutrien beats on profit, boosts earnings outlook as crop and fertilizer prices climb

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Investors expect deals to come as part of a more aggressive growth strategy

Nutrien increased its 2021 guidance for adjusted net earnings to between US$2.55 and US$3.25 per share, up from a previous range of US$2.05 to US$2.75 per share.

Investors expect Schmidt, who became CEO last month, to swing deals as part of a more aggressive growth strategy, after an abrupt shake-up at Canada’s biggest agriculture company.

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