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BRIEF-Nutrien Delivers Excellent Q1 Results

Published 2021-05-03, 06:03 p/m
© Reuters.
NTR
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May 3 (Reuters) - Nutrien Ltd NTR.TO :

* NUTRIEN DELIVERS EXCELLENT FIRST QUARTER RESULTS; EXPECTS STRONG SPRING SEASON & RAISES ANNUAL GUIDANCE

* Q1 EARNINGS PER SHARE $0.22

* SEES FY ADJUSTED EARNINGS PER SHARE $2.55 TO $3.25

* FIRST-HALF 2021 GUIDANCE IS PROVIDED AT $2.00 TO $2.20 ADJUSTED NET EARNINGS PER SHARE

* Q1 ADJUSTED EARNINGS PER SHARE $0.29

* SALES $4NUTRIEN LTD QTRLY SALES $4,658 MILLION VERSUS $4,198 MILLION

* Q1 EARNINGS PER SHARE VIEW $0.08, REVENUE VIEW $4.41 BILLION -- REFINITIV IBES DATA

* FY2021 EARNINGS PER SHARE VIEW $2.89 -- REFINITIV IBES DATA

* IN AGRICULTURE AND RETAIL, EXPECT RECORD BRAZILIAN CROP MARGINS WILL DRIVE FURTHER INCREASES IN ACREAGE IN THE SECOND HALF OF 2021

* SEES 2021 POTASH SALES 12.5 MILLION TONNES -

13.0 MILLION TONNES

* SEES 2021 NITROGEN SALES 10.9 MILLION TONNES -

11.4 MILLION TONNES

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