CF Industries Holdings Q2 EPS $2.70 Beats $2.26 Estimate, Sales $1.77B Miss $1.81B Estimate
Portfolio Pulse from Benzinga Newsdesk
CF Industries Holdings (NYSE:CF) reported Q2 earnings of $2.70 per share, beating the analyst consensus estimate of $2.26 by 19.47%. However, this is a 56.38% decrease from the same period last year. The company's quarterly sales were $1.77 billion, missing the analyst consensus estimate of $1.81 billion by 1.93%, and marking a 47.62% decrease from the same period last year.
August 04, 2023 | 12:12 pm
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CF Industries Holdings reported Q2 earnings that beat estimates but sales that missed estimates, with both earnings and sales significantly lower than the same period last year.
CF Industries Holdings reported better-than-expected earnings but lower-than-expected sales for Q2. Additionally, both earnings and sales have significantly decreased compared to the same period last year. This mixed report, along with the significant year-over-year decreases, could negatively impact the company's stock price in the short term.
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