Nutrien's 2nd Quarter and 1st Half Results Demonstrate Strength in a Compressed Season
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Nutrien (NTR) Reports Q2 EPS of $1.48; Boosts FY18 EPS and Adj. EBITDA Outlook
August 1, 2018 6:05 PM EDTNutrien (NYSE: NTR) reported Q2 EPS of $1.48, versus $0.29 reported last year.
HIGHLIGHTS
Nutrien's second-quarter adjusted net earnings was $1.48 per share4, adjusted for purchase price allocation ($0.02 per share), merger-related costs ($0.02 per share), share-based compensation ($0.10 per share) and dividend income from discontinued operations ($0.17 per share). Second-quarter adjusted EBITDA5 was $1.6 billion, adjusted for merger-related costs and share-based compensation.Retail first-half EBITDA was up 10 percent over last year4 as a result of strong seed and crop protection product margins and excellent demand for crop inputs in the second quarter, demonstrating the value of our distribution... More
