CF Industries Exceeds Q4 Earnings Expectations
NORTHBROOK, Ill. - CF Industries Holdings Inc. (CF) reported fourth-quarter earnings of $328 million, surpassing Wall Street forecasts. Earnings per share reached $1.89, exceeding analysts' estimate of $1.49.
Revenue for the period came in at $1.52 billion, also exceeding expectations of $1.47 billion. For the full year, CF posted profits of $1.22 billion, or $6.74 per share, on revenue of $5.94 billion.
CF shares have experienced a slight decline of 2% since the start of the year, while the S&P 500 index has climbed 4.5%. At the close of trading on Wednesday, shares rose 9% over the past year, reaching $83.81.