CF: 4Q Earnings Snapshot
DEERFIELD, Ill. (AP) _ CF Industries Holdings Inc. (CF) on Wednesday reported fourth-quarter earnings of $49 million.
On a per-share basis, the Deerfield, Illinois-based company said it had profit of 21 cents.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share.
The fertilizer maker posted revenue of $1.13 billion in the period.
For the year, the company reported profit of $290 million, or $1.24 per share. Revenue was reported as $4.43 billion.
CF shares have fallen 2 percent since the beginning of the year, while the Standard & Poor’s 500 index has increased nearly 10 percent. In the final minutes of trading on Wednesday, shares hit $42.57, a rise of 9 percent in the last 12 months.