Materials Stock Reporting Earnings This Week

CF Industries Holdings, Inc. (NYSE:CF) will unveil its latest earnings on Wednesday, February 15, 2012. The average analyst estimate is for net income of $6.89 per share, a rise of more than twofold from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved up from $6.82. Between one and three months ago, the average estimate moved up. It has dropped from $7 during the last month. Analysts are projecting profit to rise by 160.4% versus last year to $22.45.

Last quarter, the company beat estimates by 34 cents, coming in at profit of $5.16 a share versus the estimate of net income of $4.82 a share. It marked the fourth straight quarter of beating estimates. Analysts are optimistic about this stock, with 10 analysts rating it as a buy, none rating it as a sell and three rating it as a hold.

Competitors to Watch: The Mosaic Company (NYSE:MOS), Agrium Inc. (NYSE:AGU), Terra Nitrogen Co., L.P. (NYSE:TNH), Potash Corp./Saskatchewan (NYSE:POT), Converted Organics Inc. (NASDAQ:COIN), The Scotts Miracle-Gro Co. (NYSE:SMG), LSB Industries, Inc. (NYSE:LXU), China Green Agriculture, Inc (NYSE:CGA), China Agritech Inc. (NASDAQ:CAGC), and Bodisen Biotech, Inc. (BBCZ).

Cliffs Natural Resources Inc. (NYSE:CLF) will unveil its latest earnings on Wednesday, February 15, 2012. The average estimate of analysts is for net income of $1.85 per share, a decline of 34.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $2.86. Between one and three months ago, the average estimate moved down. It also has dropped from $2.73 during the last month. Analysts are projecting profit to rise by 59% versus last year to $11.91.

Last quarter, the company came in at profit of $4.54 per share against a mean estimate of net income of $3.67 per share, beating estimates after missing them in the previous quarter. In the second quarter, it missed forecasts by 72 cents. Analysts predict a rise of 14.8% in revenue from the year-earlier quarter to $1.63 billion.

Competitors to Watch: Vale (NYSE:VALE), ArcelorMittal (NYSE:MT), Consolidated Thompson Iron Mines Ltd. (AMEX:CLM), Anglo American plc (AAUKY), Great Northern Iron Ore Properties (NYSE:GNI), AK Steel Holding Corp. (NYSE:AKS), BHP Billiton plc (NYSE:BBL), BHP Billiton Limited (NYSE:BHP), United States Steel Corp. (NYSE:X), and Mesabi Trust (NYSE:MSB).

 

 

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com