(Reuters) – Fertilizer maker Nutrien Ltd on Wednesday reported a lower-than-expected profit in the first quarter due to a fall in sales as farmers delayed purchases due to high prices.
On an adjusted basis, the potash producer earned $1.11 per share in the three months ended March 31, compared with estimates of $1.47, according to Refinitiv data.
(Reporting by Sourasis Bose in Bengaluru; Editing by Shinjini Ganguli and Shounak Dasgupta)