Itafos Inc. announced earnings guidance for the first half, second half and full year 2022. For the first half of the year, the company expects net income of $50 million- $60 million and basic earnings of $0.34 (CAD)/share-$0.41 (CAD)/share.

For the second half of the year, the company expects net income of $15 million- $35 million and basic earnings of $0.10 (CAD)/share-$0.23 (CAD)/share.

For the year, the company expects net income of $65 million- $95 million and basic earnings of $0.44 (CAD)/share-$0.65 (CAD)/share.