Agrium Increases Second Quarter Guidance

Agrium increased its second quarter earnings outlook 15% due to “excellent” results across its crop input business in June, despite the early planting season. The company expects second quarter earnings in the range of $5.40-$5.50/share, excluding hedging gains or losses and other expenses. A consensus of analyst estimates for Mosaic’s quarter ended June 30, 2012 are for $4.75/share, as reported by Thomson Reuters (New York). The company reported net earnings of $4.54/share in its 2011 second quarter. "The outlook remains very positive...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers