SASKATOON, Saskatchewan (AP) — SASKATOON, Saskatchewan (AP) — Nutrien Ltd. (NTR) on Wednesday reported second-quarter profit of $385 million.
The Saskatoon, Saskatchewan-based company said it had profit of 78 cents per share. Earnings, adjusted for asset impairment costs and non-recurring costs, came to $2.34 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.13 per share.
The producer of potash and other fertilizers posted revenue of $10.16 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $10.89 billion.
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