PotashCorp (POT) Reports In-Line Q2 EPS, to Cut Dividend
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PotashCorp Reports Second-Quarter Earnings of $0.14 per Share
July 28, 2016 6:00 AM EDTListed: TSX, NYSE Â
Key Highlights
Second-quarter earnings of $0.14 per share1, including: Share of Canpotex's2 Prince Rupert project exit costs of $0.02 per share Unfavorable discount rate adjustment to asset retirement obligations of $0.01 per share Impairment of investment in Sinofert Holdings Limited (Sinofert) of $0.01 per share Intend to reduce quarterly dividend by 60 percent to $0.10 per share Full-year 2016 earnings guidance lowered to $0.40-$0.55 per share, including: Notable charges through the first half of 2016 of $0.11 per share Third-quarter... More