| Potash Corp. misses 2Q profit forecasts | |
| | |
|
SASKATOON, Saskatchewan (AP) _ Potash Corp. of Saskatchewan (POT) on Thursday reported second-quarter net income of $417 million.
On a per-share basis, the Saskatoon, Saskatchewan-based company said it had net income of 50 cents.
The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.
The producer of potash and other fertilizers posted revenue of $1.73 billion in the period, which beat Street forecasts. Four analysts surveyed by Zacks expected $1.72 billion.
Potash Corp. expects full-year earnings to be $1.75 to $1.95 per share.
Potash Corp. shares have decreased 24 percent since the beginning of the year. The stock has fallen 26 percent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on POT at http://www.zacks.com/ap/POT
_____
Keywords: Potash Corp., Earnings Report
|
|
|
Potash Corporation of Saskatchewan Inc.
|
|
|
CODE : POT.TO |
ISIN : CA73755L1076 |
CUSIP : 73755L1076 |
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Potash Corp. est une société de production minière basée au Canada. Potash Corp. est cotée au Canada. Sa capitalisation boursière aujourd'hui est 21,7 milliards CA$ (17,2 milliards US$, 14,4 milliards €). La valeur de son action a atteint son plus bas niveau récent le 24 mars 1995 à 10,00 CA$, et son plus haut niveau récent le 21 septembre 2007 à 99,07 CA$. Potash Corp. possède 840 009 984 actions en circulation. |