Investing.com - Nutrien reported third quarter earnings that missed analysts' expectations on Monday and revenue that topped forecasts.
The firm reported earnings per share of C$0.32 on revenue of C$5.43B. Analysts polled by Investing.com anticipated EPS of C$0.53 on revenue of C$5.35B. That compared to EPS of C$0.62 on revenue of C$4.96B in the same period a year earlier. The company had reported EPS of C$2.08 on revenue of C$11.41B in the previous quarter.
For the year, Nutrien shares are up 1.11%, under-performing the S&P/TSX which is up 17.69% year to date.
Nutrien follows other major Consumer/Non-Cyclical sector earnings this month
On Wednesday, October 30, 2019, Maple Leaf Foods reported third quarter EPS of C$0.03 on revenue of C$995.79M, compared to forecasts of EPS of C$0.31 on revenue of C$980.38M.
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