PotashCorp (POT) Misses Q1 EPS by 6c; Issues Light Q2 EPS Outlook

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PotashCorp Reports First-Quarter 2015 Earnings of $0.44 per Share

April 30, 2015 6:00 AM EDT

Symbol: POTListed: TSX, NYSE

Key Highlights       

First-quarter earnings of $0.44 per share1 Agreement to acquire 9.5 percent stake in Fertilizantes Heringer S.A. (Heringer) Full-year 2015 guidance adjusted to $1.75-$2.05 per share; primary changes include: Higher Saskatchewan potash taxes: ~$0.07 per share Nitrogen (lower volumes and prices): ~$0.04 per share Potash (shift in expected sales mix by market): ~$0.03 per share Phosphate (lower volumes): ~$0.03 per share Second-quarter guidance set at $0.45-$0.55 per share

CEO Commentary

"We delivered stronger earnings compared to... More