K+S Tops Third-Quarter Core Earnings Estimates on Higher Prices
German potash and salt miner K+S reported third-quarter core earnings above expectations, citing higher prices and early de-icing salt sales. The report says peers Nutrien, Yara and Mosaic forecast profits below estimates.
German potash and salt miner K+S XETR:SDF reported better-than-expected third-quarter core earnings on Tuesday, bucking a sector-wide trend thanks to strong demand for de-icing salt.Peers Canada's Nutrien TSX:NTR, Norway's Yara OSL:YAR and US-based Mosaic NYSE:MOS gave profit forecasts below estima…