Net sales in the quarter plunged 41% year-over-year to $1.84 billion, short of consensus estimates of $2.07 billion.
"Agrium is providing guidance for the second half of 2009 of $0.30 to $0.60 diluted earnings per share or $0.14 to $0.44 diluted earnings per share, excluding estimated hedging gains or losses and stock-based compensation expense, for the fourth quarter."
Analysts, on average, were projecting Q4 EPS of 60 cents on revenues of $1.76 billion.
Write to Chip Brian at cbrian@tradethetrend.com
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