CF Industries' (CF) Earnings and Sales Miss Estimates in Q1
CFCF(CF) Zacks Investment Research·2024-05-02 21:46

CF Industries Holdings, Inc. (CF) reported a first-quarter 2024 profit of 194millionor194 million or 1.03 per share, down from 560millionor560 million or 2.85 per share in the year-ago quarter. Earnings per share missed the Zacks Consensus Estimate of 1.47.Netsalesfell26.91.47. Net sales fell 26.9% year over year to 1,470 million in the quarter. The figure missed the Zacks Consensus Estimate of $1,473.9 million. Average selling prices in the reported quarter were lower than in the first quarter of 2023 as decreased global energy costs reduced th ...