PotashCorp (POT) Misses Q4 EPS by 7c; Issues Light Q1, FY16 EPS Outlook

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Go back to PotashCorp (POT) Misses Q4 EPS by 7c; Issues Light Q1, FY16 EPS Outlook

PotashCorp Reports Full-Year 2015 Earnings of $1.52 per Share

January 28, 2016 6:01 AM EST

Symbol: POT  Listed: TSX, NYSE

Key Highlights

Fourth-quarter earnings of $0.24 per share1; full-year total of $1.52 per share Annual cash provided by operating activities of $2.3 billion Indefinite suspension of Picadilly, New Brunswick potash operation in January 2016 Quarterly dividend reduced by 34 percent to $0.25 per share Full-year 2016 guidance of $0.90-$1.20 per share; $0.10-$0.20 for the first quarter

CEO Commentary"Weaker fertilizer prices late in the year reduced our earnings for the quarter, giving rise to a more cautious outlook for all... More