Agrium (AGU) Tops Q2 EPS by 12c, Trims FY EPS Guidance

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Agrium Reports Strong Results Despite Challenging Market Conditions

August 5, 2015 5:31 PM EDT

CALGARY, ALBERTA -- (Marketwired) -- 08/05/15 -- ALL AMOUNTS ARE STATED IN U.S.$

Agrium Inc. (TSX: AGU) (NYSE: AGU) announced today 2015 second quarter net earnings from continuing operations of $675-million ($4.71 diluted earnings per share), compared to $625-million ($4.34 diluted earnings per share) in the second quarter of 2014. The increase in earnings was supported by higher Wholesale volumes and lower production costs for most products. Retail results were impacted by lower crop prices, drought in Western Canada and wet conditions in the U.S. Corn Belt, which affected growers'... More