PotashCorp (POT) Reports In-Line Q3 EPS; Trims FY15 Outlook

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Go back to PotashCorp (POT) Reports In-Line Q3 EPS; Trims FY15 Outlook

PotashCorp Reports 2015 Third-Quarter Earnings of $0.34 per Share

October 29, 2015 6:00 AM EDT

Symbol: POTListed: TSX, NYSE

Key Highlights

Third-quarter earnings of $0.34 per share1, including $0.03 per share related to notable non-cash charges, primarily in phosphate Annual earnings guidance adjusted to $1.55 - $1.65 per share Preparing for closure of Penobsquis mine and inventory shutdowns at Cory, Allan and Lanigan

CEO Commentary

"Broader emerging market concerns have weighed on customer sentiment, contributing to a weaker fertilizer environment in the second half of 2015," said PotashCorp President and Chief Executive Officer Jochen Tilk. "In response, we are moving... More