CF: Q2 Earnings Snapshot

August 1, 2022 GMT

DEERFIELD, Ill. (AP) _ CF Industries Holdings Inc. (CF) on Monday reported second-quarter profit of $1.17 billion.

The Deerfield, Illinois-based company said it had net income of $5.58 per share. Earnings, adjusted for one-time gains and costs, were $6.19 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $6.06 per share.

The fertilizer maker posted revenue of $3.39 billion in the period, falling short of Street forecasts. Six analysts surveyed by Zacks expected $3.62 billion.

CF shares have climbed 33% since the beginning of the year, while the S&P’s 500 index has decreased 14%. In the final minutes of trading on Monday, shares hit $94.44, a climb of 100% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CF at https://www.zacks.com/ap/CF