CF Industries Holdings Q2 EPS $2.30 Beats $1.82 Estimate, Sales $1.57B Beat $1.53B Estimate
Portfolio Pulse from Benzinga Newsdesk
CF Industries Holdings (NYSE:CF) reported Q2 earnings per share (EPS) of $2.30, beating the analyst estimate of $1.82 by 26.37%. Quarterly sales were $1.57 billion, surpassing the $1.53 billion estimate. However, both EPS and sales showed a decline compared to the same period last year.
August 07, 2024 | 8:32 pm
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CF Industries Holdings reported Q2 EPS of $2.30, beating estimates by 26.37%, and sales of $1.57 billion, surpassing expectations. Despite the beat, both EPS and sales declined year-over-year.
The significant beat on both EPS and sales estimates is likely to have a positive short-term impact on CF's stock price. However, the year-over-year decline in both metrics may temper some of the enthusiasm.
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