Nutrien management commentary attributes Q3 2026 earnings decline to lower Phosphate and Nitrogen earnings
Bitget2026/11/04 23:13- Nutrien's management commentary attributed third-quarter 2026 net earnings decline of 39% to $288 million to weaker phosphate and nitrogen earnings.
- Phosphate adjusted EBITDA fell 93% to $8 million as higher sulfur input costs outweighed stronger fertilizer benchmarks.
- Nitrogen earnings weakened as lower sales volumes outweighed higher global benchmarks and lower natural gas costs.
- First-nine-month adjusted EBITDA rose 2% to $4.85 billion, driven by higher fertilizer benchmarks and record potash sales volumes.
- Net earnings for that period fell 4% to $1.65 billion, reflecting higher finance costs and income taxes.
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