Referenced Stocks

UPDATE: Potash Corp Eases, But Above Earlier Day Lows As Q3 Misses Target

By Midnight Trader,  October 25, 2012, 09:57:50 AM EDT

Potash Corporation of Saskatchewan Inc. ( POT ), which hit a day low $40 early today, reported third-quarter earnings of $0.74 per share, 21% lower than third-quarter 2011 and down on the $0.78 per share forecast by analysts.

It also reported its record third-quarter North American potash sales volumes were offset by an offshore sales decline; nine-month cash flow prior to working capital changes reached $2.7 billion, close to record levels; and that full-year 2012 earnings guidance was lowered to $2.40-$2.60 per share.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: POT



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