CF Industries Beat The Street In Q2

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HFA Staff
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CF Industries Holdings, Inc. (NYSE:CF) announced its earnings results on Tuesday. The company reported $8.38 earnings per share for the quarter, beating the analysts’ consensus estimate of $7.64 by $0.74. The company had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter last year, the company posted $8.71 earnings per share. CF Industries Holdings’s revenue was down 1.2% compared to the same quarter last year. CF Industries benefits from an abundant supply of natural gas Ample supplies of shale-derived natural gas, a key ingredient in nitrogen production, have been a boon…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.