PotashCorp (POT) Misses Q3 EPS by 4c; Narrows Outlook

PotashCorp (NYSE: POT) reported Q3 EPS of $0.38, $0.04 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $1.64 billion versus the consensus estimate of $1.53 billion.

PotashCorp sees FY2014 EPS of $1.75-$1.85, versus prior guidance of $1.7-$1.90 and the consensus of $1.82.

"We continue to see encouraging signs in each of our major potash markets with a renewal of demand translating into higher sales volumes," said PotashCorp President and Chief Executive Officer Jochen Tilk. "Furthermore, we experienced another quarter of improved potash pricing trends, which strengthened our earnings. Combined with internal efforts to optimize our operations, these positive developments mark important steps toward a stronger performance for our company."

For earnings history and earnings-related data on PotashCorp (POT) click here.

You May Also Be Interested In

• Lockheed Martin (LMT) Tops Q1 EPS by 53c, Beats on Revenue; Offers FY24 Guidance
• NextEra Energy (NEE) Tops Q1 EPS by 16c, provides guidance
• NVR, Inc. (NVR) Tops Q1 EPS by 1244c