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Fertilizer maker Nutrien cuts full-year outlook

Published 2019-07-29, 05:40 p/m
© Reuters.  Fertilizer maker Nutrien cuts full-year outlook
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July 29 (Reuters) - Canadian fertilizer maker Nutrien Ltd NTR.TO cut its full-year profit outlook on Monday, citing lower potash volumes from floods in the U.S. midwest that delayed the spring planting season and a prolonged U.S.-China trade war.

The company lowered its 2019 adjusted net earnings forecast to $2.70 to $3.00 per share from $2.80 to $3.20 per share and adjusted core earnings to $4.35 billion to $4.70 billion from $4.4 billion to $4.9 billion.

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