6:54 am Agrium Plants Disappointing Second Half Outlook
After Wednesday's close, agricultural products provider Agrium (AGU 87.97) provided an update for the second half of 2014 that was in need of some nutrients as the company's earnings in the third and fourth quarters aren't going to be growing as robustly as analysts thought.
Specifically, Agrium is projecting diluted EPS from continuing operations for the third quarter to be between $0.45 and $0.55. The midpoint of that guidance is approximately 30% below analysts' current expectations.
For the fourth quarter, earnings …More