Nutrien (NTR) Misses Q3 EPS by $1.59; Lowers Outlook

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Go back to Nutrien (NTR) Misses Q3 EPS by $1.59; Lowers Outlook

Nutrien Delivers Earnings Growth and Expects Strong Market Fundamentals in 2023

November 2, 2022 5:20 PM EDT

Nutrien revised full-year 2022 earnings guidance to reflect lower near-term potash sales volumes and prices; continue to advance strategic growth initiatives based on a positive multi-year view of the fundamentals.

SASKATOON, Saskatchewan--(BUSINESS WIRE)-- Nutrien Ltd. (TSX and NYSE: NTR) announced today its third quarter 2022 results, with net earnings of $1.6 billion ($2.94 diluted net earnings per share), which includes a non-cash impairment reversal of $330 million relating to our Phosphate operations. Third quarter 2022 adjusted net earnings per share1 were $2.51 and adjusted EBITDA1 was $2.5 billion.

Nutrien has delivered record earnings in 2022 due to the strength... More