CF Industries Holdings Earnings: Here’s Why Shares are Up Now

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)…

Revenue increased 28.31% from $1.34 billion in the previous quarter. EPS increased 38.97% from $6.03 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $5.14 to a profit $4.61. For the current year, the average estimate has moved down from a profit of $25.50 to a profit of $23.91 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)