Please ensure Javascript is enabled for purposes of website accessibility

PotashCorp’s Q1 Earnings: 5 Shocking Numbers You Need to Know

By Neha Chamaria - May 7, 2016 at 9:00AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

PotashCorp's first quarter was worse thank you think. Find out why.

It remains a bumpy ride for PotashCorp. Image source: PotashCorp

Potash Corporation (NYSE: POT) stock had been holding up strong until last week when the company dashed investors' hopes of a recovery by delivering dismal first-quarter results and downgrading its full-year guidance. The stock has lost almost 11% in six days as of this writing, and is now down 50% in one year, under-performing close rivals Mosaic (NYSE: MOS) and Agrium (NYSE: AGU) which have lost about 40% and 19%, respectively.

Interestingly, all three companies lowered their sales volumes outlook in Q1, confirming the deteriorating conditions in fertilizer markets. However, PotashCorp appears to be taking the biggest hit. While Mosaic's Q1 net income declined about 13% year over year, PotashCorp reported a staggering 84% drop in its Q1 earnings. Unfortunately, that wasn't the scariest number from the company's earnings report. You'd be shocked to know how truly dismal PotashCorp's EPS guidance is, or how hard its cash flows have been hit. Click on the slideshow below to learn about the five critical numbers from the earnings report that you can't miss.



Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Nutrien Stock Quote
Nutrien
POT
The Mosaic Company Stock Quote
The Mosaic Company
MOS
$46.92 (-0.66%) $0.31

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
316%
 
S&P 500 Returns
112%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 07/03/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.