CF Industries Holdings, Inc. (NYSE:CF) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 2.62%.
CF Industries Holdings, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased 3.79% to $8.38 in the quarter versus EPS of $8.71 in the year-earlier quarter.
Revenue: Decreased 1.19% to $1.71 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: CF Industries Holdings, Inc. reported adjusted EPS income of $8.38 per share. By that measure, the company beat the mean analyst estimate of $7.64. It beat the average revenue estimate of $1.67 billion.
Quoting Management: “We are pleased with our performance and the earnings we generated this quarter,” said Stephen R. Wilson, chairman and chief executive officer, CF Industries Holdings, Inc. “Despite the challenging market conditions caused by the delayed planting and fertilizer application season, our nimbleness in reacting to those conditions allowed us to generate strong revenue, EBITDA and net earnings performance.”
Key Stats (on next page)…