10:05 AM EST - Potash Corporation of Saskatchewan Inc. : reported first-quarter earnings of $0.56 per share ($491 million), which trailed the $0.84 per share ($732 million) in earnings during a record first quarter last year. Gross margin for the quarter totaled $698 million, compared to the $1.1 billion generated in first-quarter 2011. Earnings before finance costs, income taxes, and depreciation and amortization (EBITDA) of $813 million fell below the $1.1 billion earned in the first quarter of 2011, while cash flow prior to working capital changes of $625 million trailed the $899 million generated in the same period last year. Potash Corporation of Saskatchewan Inc.
shares T.POT are trading down $1.40 at $42.25.
