SASKATOON, Saskatchewan (AP) — SASKATOON, Saskatchewan (AP) — Nutrien Ltd. (NTR) on Wednesday reported second-quarter earnings of $1.21 billion.
The Saskatoon, Saskatchewan-based company said it had profit of $2.53 per share. Earnings, adjusted for one-time gains and costs, were $2.61 per share.
The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.70 per share.
The producer of potash and other fertilizers posted revenue of $10.81 billion in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $10.67 billion.
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