PotashCorp Reports Fourth-Quarter Earnings of $0.26 per Share
Symbol: POT Listed: TSX, NYSE
Key Highlights ■Fourth-quarter earnings of $0.26 per share1; full-year 2013 earnings of $2.04 per share ■Fourth-quarter results included $60 million in severance-related costs from workforce reductions ■Cash flow from operating activities totaled $3.2 billion for 2013 - our third-highest total on record ■Earnings guidance of $0.30-$0.35 per share for first-quarter 2014; $1.40-$1.80 per share for the year
SASKATOON, Jan. 30, 2014 /PRNewswire/ - Potash Corporation of Saskatchewan Inc. (PotashCorp) today reported fourth-quarter earnings of $0.26 per share ($230 million), a total which included a $60 million charge (approximately $0.05 per share) for severance-related costs associated with workforce reductions announced in December. This result was below the $0.48 per share ($421 million) reported during the same period in 2012. Earnings for the year totaled $2.04 per share, compared to $2.37per share in 2012. |