Nutrien raises its full-year earnings forecast as company gets boost from surging fertilizer prices

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 92%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Nutrien expects 2022 adjusted earnings of $16.20 to $18.70 per share, compared with its previous forecast of $10.20 to $11.80 per share

Net earnings rose to $1.39-billion, or $2.49 per share, in the quarter ended March 31 from $133-million, or 22 cents per share, a year earlier.Earlier, rival Mosaic Co, the world’s largest producer of finished phosphate products, posted a more than sevenfold surge in quarterly profit that narrowly beat estimates.

Mosaic said its potash and phosphate shipments were delayed by poor rail performance, adding that rail cycle times would not likely recover to normal levels until the second half of 2022.Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

We wrote the Ontario party leaders listing election commitments we need in the June 2022 Ontario election on accessibility for 2.6 million people with disabilities. Read our Nov 22 2021 letter AccessibleCanada AODA CRPD Onpoli

Every Ontario political leader except Doug Ford makes major election pledges on tearing down accessibility barriers that impede 2.6 million Ontarians with disabilities AODA DoFo onpoli OnElxn

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tim Hortons parent Restaurant Brands tops quarterly sales estimates as company sees boost in trafficRestaurant Brands’ total revenue rose to $1.45-billion in the first quarter ended March 31, from $1.26-billion a year earlier Ford must love this! VoteFordOut2022
Source: globeandmail - 🏆 5. / 92 Read more »