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Potash Corp Maintains Positive Outlook
Jan. 27, 2012 03:28PM PST
Potash InvestingMineweb reported that Potash Corp (NYSE:POT) sees potash demand increasing after a slow start to 2012.
Mineweb reported that Potash Corp (NYSE:POT) sees potash demand increasing after a slow start to 2012.
CEO William J. Doyle said:
We expect a record year for global potash shipments and project PotashCorp sales of 9.2 million to 10 million tonnes. Based on this environment, we forecast first quarter net income to be in the range of $0.55 to $0.75 per share and earnings for the full year between $3.40 and $4 per share.
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