Nutrien Issues 2020 Earnings Guidance – Quick Facts
(RTTNews) – Nutrien Ltd. (NTR, NTR.TO) said, for 2020, it expects adjusted net earnings of $1.90 to $2.60 per share and adjusted EBITDA of $3.8 billion to $4.3 billion. Analysts polled by Thomson Reuters expect the company to report profit per share of $3.04. Analysts’ estimates typically exclude special items.
Fourth-quarter adjusted net earnings was $0.09 per share. On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $0.29, for the quarter. Adjusted EBITDA declined 28% to $664 million from previous year.
Fourth-quarter sales declined 9% year-on-year to $3.44 billion. Analysts expected revenue of $3.99 billion for the quarter.
Shares of Nutrien Ltd. were down 3% after hours.
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