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April 24, 2014
06:07 EDTPOTPotash reports Q1 EPS 40c, consensus 35c
Reports Q1 revenue $1.68B, consensus $1.49B. Gross margin for the quarter totaled $565M, below the $867M generated during Q1 of 2013. The company said, "Despite an improving environment for both demand and pricing compared to the final quarter of 2013, realizations in all three nutrient segments lagged behind those of the first quarter last year and negatively impacted our earnings." Potash production reached 2.4M tonnes, exceeding the 2.0M tonnes produced in 2013's Q1. The company said, "Higher operating rates, savings from workforce changes, optimization of tonnage from our lower-cost facilities and a favorable impact from a weakened Canadian dollar improved our per-tonne costs by 13 percent compared to the same period last year."
News For POT From The Last 14 Days
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October 22, 2014
14:05 EDTPOTEarnings Preview: Potash sees Q3 earnings per share 35c-45c
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October 16, 2014
14:13 EDTPOTU.S farmers use less fertilizer this autumn as crop prices fade, Reuters says
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October 10, 2014
12:05 EDTPOTUSDA raises U.S. corn production estimate to 14.475B
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