NTR

Nutrien misses quarterly profit estimates

Credit: REUTERS/Nayan Sthankiya

May 10 (Reuters) - Fertilizer maker Nutrien Ltd NTR.TO on Wednesday reported a lower-than-expected profit in the first quarter due to a fall in sales as farmers delayed purchases due to high prices.

On an adjusted basis, the potash producer earned $1.11 per share in the three months ended March 31, compared with estimates of $1.47, according to Refinitiv data.

(Reporting by Sourasis Bose in Bengaluru; Editing by Shinjini Ganguli and Shounak Dasgupta)

((Sourasis.Bose@thomsonreuters.com))

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

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.