Wed, Jul 30, 2014, 10:04 PM EDT - U.S. Markets closed

Recent

% | $
Click the to save as a favorite.

Agrium Inc. Message Board

  • lookoutgrady lookoutgrady Feb 8, 2012 7:49 AM Flag

    Earnings and outlook

    "I am very pleased to report that Agrium delivered record results for both the fourth quarter and the year. Our earnings from continuing operations were more than double last year's level and we generated over $1 billion in cash this quarter. These impressive results were achieved despite global economic uncertainties that impacted commodity prices and led to buyer uncertainty in the later part of the year. We believe that the underlying fundamentals for the agriculture sector remain strong as crop inventory levels for most crops remain well below normal levels and in some cases are critically low," said Mike Wilson, Agrium President and CEO.

    AGU posted impressive earnings despite headwinds of low corn and wheat prices. It seems after dropping for the past 6-7 months the corn and wheat prices may improve as the economy and things may look very bright for AGU. There could be a potential that corn goes up and so goes AGU; it may shoot for 100.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
AGU
91.90-0.55(-0.59%)Jul 30 4:01 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Yelp, Inc.
NYSEWed, Jul 30, 2014 4:00 PM EDT
R.R. Donnelley & Sons Comp …
NasdaqGSWed, Jul 30, 2014 4:00 PM EDT