Edition:
India

CF Industries Holdings Posts Q3 Earnings Per Share Of $0.29


Thursday, 31 Oct 2019 

Oct 30 (Reuters) - CF Industries Holdings Inc ::CF INDUSTRIES HOLDINGS, INC. REPORTS NINE MONTH 2019 NET EARNINGS OF $438 MILLION, EBITDA OF $1,314 MILLION.Q3 EARNINGS PER SHARE $0.29.Q3 EARNINGS PER SHARE ESTIMATE $0.35 -- REFINITIV IBES DATA.GROSS AMMONIA PRODUCTION FOR Q3 WAS MORE THAN 2.3 MILLION TONS.EXPECTS GROSS AMMONIA PRODUCTION DURING Q4 TO BE HIGHER THAN IN Q3.QTRLY NET SALES $1,038 MILLION VERSUS $1,040 MILLION.Q3 REVENUE VIEW $1.06 BILLION -- REFINITIV IBES DATA.QTRLY SALES VOLUMES WERE SIMILAR TO PRIOR YEAR PERIODS.COMPANY EXPECTS THAT NITROGEN INDUSTRY FUNDAMENTALS WILL CONTINUE TO IMPROVE IN BOTH NEAR- AND LONGER-TERM.IN NEAR-TERM, DEMAND FROM IMPORT-DEPENDENT REGIONS SHOULD SUPPORT GLOBAL PRICING.COMPANY EXPECTS THAT GLOBAL DEMAND GROWTH FOR NITROGEN OVER NEXT FOUR YEARS WILL OUTPACE NET CAPACITY ADDITIONS.NET CHINESE-PRODUCED UREA EXPORTS ARE LIKELY TO BE IN A RANGE OF 1-3 MILLION METRIC TONS ANNUALLY.CAPITAL EXPENDITURES IN 2019 ARE PROJECTED TO BE APPROXIMATELY $425 MILLION. 

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44.56
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11 Dec 2019