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CALGARY, Alberta (AP) _ Agrium Inc. (AGU) on Thursday reported third-quarter net income of $101 million.
The Calgary, Alberta-based company said it had profit of 72 cents per share. Earnings, adjusted for stock option gains, came to 71 cents per share.
The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.
The agricultural products and services company posted revenue of $2.52 billion in the period, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $2.89 billion.
Agrium expects full-year earnings to be $7.10 to $7.40 per share.
Agrium shares have increased roughly 1 percent since the beginning of the year. The stock has fallen almost 2 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGU at http://www.zacks.com/ap/AGU
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Keywords: Agrium, Earnings Report
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Agrium Inc.
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CODE : AGU.TO |
ISIN : CA0089161081 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Agrium Inc. is a producing company based in Canada. Agrium Inc. is listed in Canada and in United States of America. Its market capitalisation is CA$ 20.0 billions as of today (US$ 15.9 billions, € 13.3 billions). Its stock quote reached its lowest recent point on December 29, 2000 at CA$ 10.00, and its highest recent level on December 29, 2017 at CA$ 144.58. Agrium Inc. has 138 175 400 shares outstanding. |