CF Industries' (CF) Q4 Earnings Lag, Lower Prices Hurt Sales
CFCF(CF) Zacks Investment Research·2024-02-15 19:56

CF Industries Holdings, Inc. (CF) logged fourth-quarter 2023 earnings of 1.44pershare,downfrom1.44 per share, down from 4.35 in the year-ago quarter. Barring one-time items, earnings came in at 1.49pershareforthereportedquarter.ThefiguremissedtheZacksConsensusEstimateof1.49 per share for the reported quarter. The figure missed the Zacks Consensus Estimate of 1.56. Net sales fell around 40% year over year to 1,571millioninthequarter.It,however,beattheZacksConsensusEstimateof1,571 million in the quarter. It, however, beat the Zacks Consensus Estimate of 1,486.7 million. Sales were hurt by lower average selling prices as lower global energy costs led to reduced glo ...