POT

Potash beats by $0.22, beats on revs; guides Q2 EPS in-line; guides FY08 EPS above consensus (204.12 ) : Reports Q1 (Mar) earnings of $1.74 per share, $0.22 better than the First Call consensus of $1.52; revenues rose 63.7% year/year to $1.89 bln vs the $1.67 bln consensus. Co issues in-line guidance for Q2, sees EPS of $2.20-2.50 vs. $2.30 consensus. Co issues upside guidance for FY08, sees EPS of $9.50-10.50 vs. $8.84 consensus.