Agrium earns higher profit, beats Street
Feb 21 (Reuters) - Canadian fertilizer company Agrium Inc reported higher quarterly profit on Thursday after markets closed, handily beating expectations.
Net earnings for the fourth quarter jumped to $354 million, or $2.34 per share, from $193 million, or $1.20 per share a year ago.
Adjusted for one-time items, earnings per share were $326 million or $2.16 per share.
Sales for the Calgary, Alberta-based company rose 3 percent to $3.26 billion.
Analysts on average expected Agrium to earn $2.00 a share on sales of $3.2 billion, according to Thomson Reuters I/B/E/S.
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