Nutrien reports Q1 adjusted EPS 51c, consensus 54c

Reports Q1 revenue $6.05B, consensus $5.29B. “Nutrien (NTR) delivered record potash sales volumes and stronger Nitrogen and Retail performance in the first quarter. We increased production from our low-cost North American assets and positioned our supply chain to reliably supply our customers amid tightening global fertilizer supply and demand fundamentals,” commented Ken Seitz, Nutrien’s President and CEO. “We continue to take purposeful steps to simplify the business, strengthen and grow our core asset base and improve capital efficiency, resulting in a more resilient portfolio and delivering structural free cash flow growth.”