tiprankstipranks
Company Announcements

Nutrien Achieves Strong 2024 Results, Focuses on Strategic Growth

Story Highlights
Nutrien Achieves Strong 2024 Results, Focuses on Strategic Growth

Discover the Best Stocks and Maximize Your Portfolio:

The latest announcement is out from Nutrien ( (TSE:NTR) ).

Nutrien reported its fourth quarter and full-year 2024 results, showcasing significant progress towards its 2026 performance targets. The company achieved a net earnings of $700 million for 2024 and demonstrated growth in upstream fertilizer sales and downstream retail earnings. Nutrien continues to optimize capital allocation, having returned $1.2 billion to shareholders through dividends and share repurchases. The company also divested non-core assets totaling $60 million to focus on core strategic priorities. Looking ahead, Nutrien anticipates strong crop input demand and plans to strengthen its core business, improve earnings, and enhance free cash flow.

More about Nutrien

Nutrien Ltd. operates in the agricultural sector, focusing on the production and distribution of crop nutrients, including potash, nitrogen, and phosphate. The company is a leading provider of fertilizers and agricultural solutions, aiming to enhance crop input demand and meet strategic performance targets.

YTD Price Performance: 14.09%

Average Trading Volume: 2,059,156

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $25.47B

Learn more about NTR stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1