Agrium Misses Analyst Expectations
Nov. 07, 2012 08:45AM PST
Potash InvestingBloomberg reported that Agrium’s third quarter profits and revenues fell short of analysts’ expectations.
Bloomberg reported that Agrium’s third quarter profits and reveunes fell short of analysts’ expectations.
As quoted in the market report:
Profit excluding environmental-remediation and plant- closure costs was $1.34 a share, Calgary-based Agrium said today in a statement, missing the $1.81 average of 24 estimates compiled by Bloomberg. Sales dropped to $2.96 billion from $3.14 billion, less than the $3.09 billion average of 17 estimates. The shares fell the most in three years in Toronto.