Nutrien Ltd. says it had record earnings in the second quarter and has raised its full-year outlook as it expects strong crop prices to increase demand for its services. Post-tax adjusted net earnings were $1.19 billion, or $2.08 per diluted share, compared with $824 billion or $1.45 for the same quarter last year. Consolidated net sales came in at $9.54 billion, compared with $8.18 billion last year. Analysts on average had expected adjusted net earnings of $2.09 cents per share and net sales of $9.55 billion, according to financial data firm Refinitiv. The company has raised its adjusted net earnings guidance for the year from a range of $2.55 to $3.25 per share to $4.60 to $5.10 per share.

Source: thestar August 09, 2021 23:26 UTC