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)


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

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