Canadian fertilizer and farm retail dealer Agrium Inc reported third-quarter profit beating Wall Street expectations as it continued to benefit from sales from Viterra Inc's retail centers.The company's retail sales jumped 9 percent to $2.3 billion in the third quarter from $2.1 billion for the same period last year due to the contribution from the acquired Viterra operations."The results from the acquired Viterra agri-retail operations added incremental gross profit this quarter and surpassed expected earnings contribution for the year-to-date," the company said in a statement on Monday.Excluding items, net earnings from continuing operations were $87 million, or 60 cents per share, well above average analysts' expectations of 49 cents per share.
Agrium Inc. (Agrium) is a global producer and marketer of nutrients for agricultural and industrial markets. Shares of AGU fell by 1.41% or $-1.38/share to $96.44. In the past year, the shares have traded as low as $82.02 and as high as $98.00. On average, 827078 shares of AGU exchange hands on a given day and today's volume is recorded at 840996.
Agrium Inc. (Agrium) is a global producer and marketer of nutrients for agricultural and industrial markets. Shares of AGU fell by 0.65% or $-0.72/share to $109.55. In the past year, the shares have traded as low as $88.80 and as high as $110.47. On average, 536952 shares of AGU.TO exchange hands on a given day and today's volume is recorded at 341929.
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