(RTTNews) - Nutrien Ltd. (NTR.TO) reported a profit for first quarter that decreased from last year and missed the Street estimates.
The company's bottom line came in at $19 million, or $0.02 per share. This compares with $165 million, or $0.32 per share, last year.
Excluding items, Nutrien Ltd. reported adjusted earnings of $53 million or $0.11 per share for the period.
Analysts on average had expected the company to earn $0.30 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 5.4% to $5.100 billion from $5.389 billion last year.
Nutrien Ltd. earnings at a glance (GAAP) :
-Earnings: $19 Mln. vs. $165 Mln. last year. -EPS: $0.02 vs. $0.32 last year. -Revenue: $5.100 Bln vs. $5.389 Bln last year.
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