Agrium (AGU) Tops Q4 EPS by 1c

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Agrium Reports In-Line Fourth Quarter Results: Foresees Solid Spring Season

February 9, 2017 6:06 PM EST

CALGARY, AB -- (Marketwired) -- 02/09/17 -- Agrium Inc. (TSX: AGU) (NYSE: AGU) announced today its 2016 fourth quarter results, with a net earnings to equity holders of Agrium of $67-million ($0.49 diluted earnings per share) compared to net earnings of $201-million ($1.45 diluted earnings per share) in the fourth quarter of 2015. The reduction in net earnings was driven primarily by lower year-over-year nutrient pricing. On an annual basis, 2016 earnings to equity holders of Agrium were $592-million ($4.29 diluted earnings per share) compared to $988-million ($6.98 diluted earnings per share) in... More