Nutrien expects solid first half 2020 despite global economic uncertainty

Nutrien expects solid first half 2020 despite global economic uncertainty.qtrly diluted net loss per share of $0.06.first-quarter adjusted net loss was $0.12 per share.qtrly sales $4,186 million versus $3,719 million.lowering 2020 adjusted net earnings guidance to $1.50 to $2.10 per share.sees h1 2020 adjusted net earnings guidance is provided at $1.20 to $1.40 per share.sees 2020 potash sales tonnes of 12.1 million to 12.5 million.sees 2020 adjusted ebitda guidance to $3.5 to $3.9 billion.sees 2020 nitrogen sales tonnes of 10.9 million to 11.5 million.sees 2020 sustaining capital expenditures $0.9 billion to $1.0 billion.reduced projected 2020 global potash shipment range by about 1 million tonnes to between 65 and 67 million tonnes.sees global potash prices continue to be under pressure which led to cautious spot purchasing in offshore markets.sees expect offshore global potash shipments to increase with improved market clarity in coming months.sees expect weakness in global economy resulting from covid-19 to impact global industrial nitrogen demand in 2020.q1 earnings per share view $-0.06 -- refinitiv ibes data.
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