Nutrien’s First Quarter Impacted by Harsh Weather; Maintains Guidance
Nutrien Ltd. Common Shares (NTR)
Last nutrien ltd. common shares earnings: 2/18 05:24 pm
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Source: Business Wire
All amounts are in US dollars SASKATOON, Saskatchewan--(BUSINESS WIRE)-- Nutrien Ltd. (Nutrien) announced today its 2019 first-quarter results, with net earnings from continuing operations of $41 million ($0.07 diluted earnings per share). First-quarter adjusted net earnings was $0.20 per share and adjusted EBITDA was $697 million. Adjusted net earnings (total and per share amounts), adjusted EBITDA and related annual guidance are non-IFRS financial measures. See pages 2 and 15 for further information. “Nutrien’s first-quarter adjusted EBITDA was 22 percent higher than 2018 despite being impacted by the second wettest six-month period in the US in 125 years. While some regions are still receiving excess moisture, planting is underway and we expect strong crop input demand in the second quarter. As such, we are maintaining our annual guidance for 2019,” commented Chuck Magro, Nutrien’s President a
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