CF Industries Holdings Q4 2023 Adj EPS $1.44 Misses $1.57 Estimate, Sales $1.57B Beat $1.50B Estimate
Portfolio Pulse from Benzinga Newsdesk
CF Industries Holdings (NYSE:CF) reported Q4 2023 earnings of $1.44 per share, missing the consensus estimate of $1.57. However, their sales of $1.57 billion exceeded the $1.50 billion estimate, marking a 39.76% decrease from the previous year's same period.
February 14, 2024 | 9:32 pm
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CF Industries reported lower-than-expected Q4 2023 earnings but surpassed sales estimates, with a significant year-over-year sales decrease.
The mixed earnings report, with a miss on EPS but a beat on revenue, presents a neutral outlook. The significant decrease in sales year-over-year could concern investors, but the beat on revenue estimates might offset negative sentiment in the short term.
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