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CF: Q1 Earnings Snapshot

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.

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