CF: Q1 Earnings Snapshot
By AP News
Published - May 01, 2023, 05:03 PM ET
Last Updated - Jun 22, 2023, 12:20 AM EDT
DEERFIELD, Ill. (AP) — DEERFIELD, Ill. (AP) — CF Industries Holdings Inc. (CF) on Monday reported first-quarter net income of $560 million.
The Deerfield, Illinois-based company said it had profit of $2.85 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.63 per share.
The fertilizer maker posted revenue of $2.01 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $1.89 billion.