Edition:
India

CF Industries Q1 Earnings Per Share $0.40


Thursday, 2 May 2019 

May 1 (Reuters) - CF Industries Holdings Inc ::CF INDUSTRIES HOLDINGS, INC. REPORTS FIRST QUARTER 2019 NET EARNINGS OF $90 MILLION, EBITDA OF $301 MILLION.Q1 EARNINGS PER SHARE $0.40.Q1 SALES $1.001 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.01 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.35 -- REFINITIV IBES DATA.EXPECT STRONG NITROGEN DEMAND THROUGH END OF FIRST HALF 2019.QTRLY LOWER VOLUMES DRIVEN BY WET, COLD WEATHER DELAYING SPRING APPLICATION SEASON.LOOKING AHEAD, COMPANY EXPECTS COST OF NATURAL GAS FOR 2019 TO BE WELL BELOW 2018 LEVELS.CF INDUSTRIES - COLD AND WET WEATHER IMPACTED Q1 OF 2019 AND CONTINUED INTO Q2, DELAYING SPRING FERTILIZER APPLICATIONS THROUGHOUT NORTH AMERICA.OUTSIDE OF NORTH AMERICA, CF EXPECTS NET UREA EXPORTS FROM CHINA IN 2019 TO BE IN A SIMILAR RANGE TO 2018.CAPITAL EXPENDITURES IN 2019 ARE PROJECTED TO BE $400-$450 MILLION.. 

Company Quote

44.02
-1.38 -3.04%
10 Dec 2019