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    market news

    PotashCorp Fourth Quarter Earnings Dip, Miss Analyst Forecasts

    Investing News Network
    Jan. 31, 2013 09:44AM PST
    Potash Investing

    The Financial Post reported that PotashCorp. of Saskatchewan reported a drop in fourth quarter earnings and missed analyst expecatations.

    The Financial Post reported that PotashCorp. of Saskatchewan reported a drop in  fourth quarter earnings and missed analyst expecatations.

    Earnings in the fourth quarter came in at US$421-million, or US$0.48 a share. That included a one-time charge of US$0.04 a share for the settlement of an antitrust lawsuit, and a US$0.39-a-share impairment charge on the company’s investment in Sinofert Holdings Ltd. of China. The consensus analyst estimate was for earnings of US$0.58 a share, while Potash Corp. earned US$0.76 a share in the same quarter a year ago.

    To view the whole Financial Post report, click here.

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