05:45 PM EST, 11/05/2025 (MT Newswires) -- Nutrien ( NTR ) was up 1.5% in after-hours New York trading after the company on Wednesday said its third-quarter profit and revenue rose year-over-year, and that it is initiating a review of strategic alternatives for its Phosphate unit.

The company earned US$469 million, or US$0.96 per share, in the period, up from US$25 million, or US$0.04, a year ago. FactSet expected US$0.95. Adjusted net earnings per share stood at US$0.97, compared with US$0.39 in the year-ago quarter.

Revenue rose to US$6 billion from US$5.35 billion a year prior. FactSet projected US$5.5 billion.

"We are initiating a review of strategic alternatives for our Phosphate business, which could include reconfiguring operations, strategic partnerships or a potential sale. We intend to solidify the optimal path for our Phosphate business in 2026," the company said.

The company made minor changes to its annual guidance, saying it expects retail adjusted EBITDA of US$1.68 billion to US$1.82 billion for 2025. Potash sales volume guidance has been raised to between 14 -million to 14.5-million tonnes. Nitrogen sales volumes are forecast between 10.7 and 11 million tonnes. For phosphate, sales volumes are projected at 2.35 to 2.55 million tonnes.

The company added that total capital expenditures are expected to range from US$2 bilion to US$2.1 billion.

Nutrien ( NTR ) shares were last seen up US$0.81 to US$54.81 after hours. They closed up $0.67 to $76.25 on the Toronto Stock Exchange.