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Potash Corp./Saskatchewan (NYSE:POT) issued its quarterly earnings data on Thursday. The company reported $0.56 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.46 by $0.10, American Banking News reports. The company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.68 billion. During the same quarter in the prior year, the company posted $0.73 earnings per share. The company’s quarterly revenue was down 11.8% on a year-over-year basis. Potash Corp./Saskatchewan updated its Q3 guidance to $0.35-0.45 EPS and its FY14 guidance to $1.70-1.90 EPS.

Potash Corp./Saskatchewan (NYSE:POT) traded up 0.57% on Thursday, hitting $36.385. 4,224,345 shares of the company’s stock traded hands. Potash Corp./Saskatchewan has a 1-year low of $28.55 and a 1-year high of $38.59. The stock’s 50-day moving average is $36.77 and its 200-day moving average is $35.10. The company has a market cap of $30.777 billion and a price-to-earnings ratio of 19.99.

POT has been the subject of a number of recent research reports. Analysts at CIBC raised their price target on shares of Potash Corp./Saskatchewan from $35.00 to $38.00 in a research note on Wednesday, July 16th. They now have a “sector perform” rating on the stock. On a related note, analysts at TD Securities downgraded shares of Potash Corp./Saskatchewan from a “buy” rating to a “hold” rating in a research note on Wednesday, July 16th. They now have a $39.00 price target on the stock. Finally, analysts at Scotiabank reiterated a “sector perform” rating on shares of Potash Corp./Saskatchewan in a research note on Wednesday, July 9th. Three analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $34.56.

Potash Corporation of Saskatchewan Inc (NYSE:POT) is an integrated fertilizer and related industrial and feed products company.

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