CF: 3Q Earnings Snapshot
DEERFIELD, Ill. (AP) _ CF Industries Holdings Inc. (CF) on Wednesday reported third-quarter profit of $65 million.
On a per-share basis, the Deerfield, Illinois-based company said it had profit of 29 cents.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.
The fertilizer maker posted revenue of $1.04 billion in the period.
CF shares have risen 8% since the beginning of the year, while the Standard & Poor’s 500 index has increased 22%. In the final minutes of trading on Wednesday, shares hit $47.07, a climb of almost 2% in the last 12 months.