SASKATOON, Saskatchewan, Jun 21, 2021--Nutrien Ltd (TSX and NYSE: NTR) announced today that it has increased its first-half 2021 earnings guidance given the strength in global fertilizer markets and strong operational results. First-half 2021 adjusted net earnings per share (EPS) is expected to be $2.30 to $2.50, up significantly from our previous guidance of $2.00 to $2.20 (first quarter adjusted net earnings per share was $0.29).
With a price-to-earnings (or "P/E") ratio of 53.3x Nutrien Ltd. ( TSE:NTR ) may be sending very bearish signals at the...