Nutrien 4Q Exceeds Expectations

Nutrien Ltd. reported fourth-quarter net income of $316 million, up from a year-ago loss of $48 million. The results also exceeded the Bloomberg Consensus of $93 million, which is the average estimate from major analysts. Nutrien also beat analyst projections for the year, posting net income of $459 million, versus $227 million. However, results were below the year-ago $992 million.