By Sabela Ojea
Nutrien logged lower sales in the fourth quarter, hit by a significant drop in potash revenue, and said its potash volume guidance for 2025 includes uncertainty from potential tariffs on Canadian goods.
The Canadian agriculture company on Wednesday posted a net profit of $118 million, or 23 cents a share, compared with $176 million, or 35 cents a share, for the same period a year earlier.
Stripping out one-time items, the company's earnings per share came in at 31 cents. Analysts polled by FactSet had forecast earnings of 34 cents.
Total sales fell 10% to $5.1 billion, the company said, after seeing potash sales drop 31% to $536 million.
Nutrien said it expects potash sales volume to be between 13.6 million to 14.4 million metric tons, accounting for some uncertainty regarding the possible imposition of U.S. tariffs and global supply availability.
Write to Sabela Ojea at sabela.ojea@wsj.com
(END) Dow Jones Newswires
February 19, 2025 18:15 ET (23:15 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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