A Preview Of CF Industries Holdings's Earnings
Portfolio Pulse from Benzinga Insights
CF Industries Holdings (NYSE:CF) is scheduled to release its quarterly earnings report on February 14, 2024. Analysts predict an EPS of $1.57. The focus will be on whether CF beats this estimate and provides positive guidance for the next quarter. Historically, CF's stock price has shown sensitivity to earnings performance and guidance rather than just earnings beats or misses. Last quarter, CF missed the EPS estimate by $0.17 but saw a 1.34% increase in share price the following day. Over the past year, CF shares have declined by 9.58%.

February 13, 2024 | 4:01 pm
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NEUTRAL IMPACT
CF Industries Holdings is anticipated to report an EPS of $1.57 for the upcoming quarter. Investors and analysts will closely watch if CF surpasses this estimate and the guidance provided for future quarters. Despite a history of EPS misses, CF's stock price has shown resilience, potentially due to the company's guidance. Over the last year, CF's stock has seen a decline of 9.58%, indicating a bearish sentiment among long-term shareholders.
The short-term impact on CF's stock price will likely hinge on whether it meets or exceeds the EPS estimate and the nature of its future guidance. Historically, CF's stock has shown to react more significantly to guidance than to earnings beats or misses alone. Given the stock's decline over the past year, positive guidance could provide a much-needed boost, whereas a miss on earnings or negative guidance could exacerbate the bearish sentiment. However, given the mixed historical reaction to past earnings, the short-term impact is assessed as neutral.
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