Agrium (AGU) Tops Q1 EPS by 1c, Lowers FY EPS Guidance

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Agrium's Solid First Quarter Results Driven by Strong Operating Performance

May 3, 2016 5:30 PM EDT

CALGARY, AB -- (Marketwired) -- 05/03/16 -- Agrium Inc. (TSX: AGU) (NYSE: AGU) announced today its 2016 first quarter earnings results, with net earnings attributable to equity holders of Agrium of $2-million ($0.02 diluted earnings per share) compared to $12-million ($0.08 diluted earnings per share) in the first quarter of 2015. The reduction in net earnings was driven by weaker selling prices across all nutrients. This was largely offset by excellent results achieved from our Retail operations and strong Wholesale operational performance.

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