Nutrien Ltd. Q4 Profit Decreases, Misses Estimates

Nutrien Ltd. (NTR.TO) released earnings for fourth quarter that decreased from last year and missed the Street estimates.

The company's earnings came in at $118 million, or $0.23 per share. This compares with $176 million, or $0.35 per share, last year.

Excluding items, Nutrien Ltd. reported adjusted earnings of $0.31 per share for the period.

Analysts on average had expected the company to earn $0.36 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 10.3% to $5.079 billion from $5.664 billion last year.

Nutrien Ltd. earnings at a glance (GAAP) :

-Earnings: $118 Mln. vs. $176 Mln. last year.
-EPS: $0.23 vs. $0.35 last year.
-Revenue: $5.079 Bln vs. $5.664 Bln last year.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com