Nutrien Ltd reports results for the quarter ended December 31 - Earnings Summary

• Nutrien Ltd NTR.TO reported quarterly adjusted earnings of 31 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 37 cents. The mean expectation of seventeen analysts for the quarter was for earnings of 35 cents per share. Wall Street expected results to range from 25 cents to 76 cents per share.

• Revenue fell 10% to $4.86 billion from a year ago; analysts expected $5.12 billion.

• Nutrien Ltd's reported EPS for the quarter was 23 cents​.

• The company reported quarterly net income of $113 million.

• Nutrien Ltd shares had risen by 15.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.6% in the last three months.​

• In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the agricultural chemicals peer group is also "buy"

Wall Street's median 12-month price target for Nutrien Ltd is $60.00

This summary was machine generated from LSEG data February 20 at 12:31 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)