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Nutrien's (NTR) Q1 Earnings and Revenues Surpass Estimates
NTRNutrien(NTR) Zacks Investment Research·2024-05-09 16:11

Nutrien Ltd. (NTR) recorded profits of 165millionor32centspershareinfirst−quarter2024,downfrom165 million or 32 cents per share in first-quarter 2024, down from 576 million or 1.14intheyear−agoquarter.Barringone−timeitems,adjustedearningspersharewere46cents.ThebottomlinebeattheZacksConsensusEstimateof36cents.Salesfellaround121.14 in the year-ago quarter.Barring one-time items, adjusted earnings per share were 46 cents. The bottom line beat the Zacks Consensus Estimate of 36 cents.Sales fell around 12% year over year to 5,389 million in the quarter. Nevertheless, the figure beat the Zacks Consensus Estimate of $5,375.6 million.A decline in net fertilizer selling prices negatively impacted the company's fin ...