NORTHBROOK, Ill.--(BUSINESS WIRE)--CF Industries Holdings, Inc. (NYSE: CF), a leading global manufacturer of hydrogen and nitrogen products, today announced results for the full year and fourth quarter ended December 31, 2023. Highlights Full year net earnings(1)(2) of $1.53 billion, or $7.87 per diluted share, EBITDA(2) of $2.71 billion, and adjusted EBITDA(3) of $2.76 billion Fourth quarter net earnings(1)(2) of $274 million, or $1.44 per diluted share, EBITDA of $556 million, and adjusted EBITDA o ...

Key PointsThe agricultural industry is at a cyclical low, but there are signs that it is on a path to turning back around.Analysts could quickly realize that CF Industries is the best stock to consider for the space; markets seem ahead of the curb this time.No competitor comes close to how markets reward CF in its valuations, and there's a reason why.5 stocks we like better than The Goldman Sachs GroupWhen picking the right stocks for your portfolio, you can follow market price action or gauge a stock's cur ...

Core Insights - CF Industries (CF) is expected to report quarterly earnings of $1.56 per share, reflecting a year-over-year decline of 64.1% [1] - Anticipated revenues are projected at $1.49 billion, indicating a 43% decrease compared to the same quarter last year [1] - Analysts have adjusted the consensus EPS estimate downward by 4.6% over the past 30 days, highlighting a reassessment of initial projections [1] Revenue and Sales Metrics - Analysts project 'Net Sales- Ammonia' at $372.31 million, a decline of 53.7% from the year-ago quarter [2] - The consensus estimate for 'Net Sales- Granular Urea' is $407.07 million, reflecting a year-over-year change of -32.7% [2] - Estimated 'Net Sales- UAN (urea ammonium nitrate)' is $426.63 million, indicating a change of -49.5% from the prior-year quarter [2] - 'Net Sales- AN (ammonium nitrate)' is expected to reach $120.98 million, down 36% from the year-ago quarter [3] Pricing and Volume Projections - The 'Average selling price per ton - UAN' is projected at $263.48, down from $500 in the same quarter last year [3] - 'Sales volume - UAN' is estimated at 1,617.77 KTon, compared to 1,690 KTon in the previous year [3] - 'Sales volume - Granular Urea' is expected to be 1,044.45 KTon, slightly up from 1,033 KTon reported last year [3] - 'Sales volume - Ammonia' is forecasted at 864.41 KTon, down from 895 KTon in the same quarter last year [3] Average Selling Prices - The 'Average selling price per ton - Ammonia' is expected to be $425.19, compared to $898 a year ago [4] - 'Average selling price per ton - Granular Urea' is projected at $376.24, down from $586 last year [4] - The 'Average selling price per ton - AN' is expected to reach $300.57, compared to $515 in the previous year [4] Overall Market Performance - Over the past month, CF shares have returned -2.9%, while the Zacks S&P 500 composite has increased by +5.1% [4] - CF currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [4]

CF Industries Holdings, Inc. (CF) is set to release fourth-quarter 2023 results on Feb 14, after the closing bell.CF Industries beat the Zacks Consensus Estimate for earnings in three of the trailing four quarters while missing it once. The company delivered a trailing four-quarter earnings surprise of 7.4%, on average. CF’s fourth-quarter results are likely to reflect the impacts of softer nitrogen prices. However, it is expected to have benefited from healthy nitrogen fertilizer demand in major markets an ...

Wall Street expects a year-over-year decline in earnings on lower revenues when CF Industries (CF) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 14, 2024, might help the stock move higher if these key numbers are better than e ...

sarayut Thaneerat/Moment via Getty Images Introduction CF Industries Holdings, Inc. (NYSE:CF) is a large-cap stock keenly noted for its expertise in nitrogen products, which are primarily used by the agricultural sector. CF's operations, like most other stocks from the material sector, remain susceptible to the cyclical hues that afflict its end markets. Yet still, it has remained resolute in its ability to dole out dividends, which it has been doing so, since it made its debut on the markets, back in Augus ...

NORTHBROOK, Ill.--(BUSINESS WIRE)--CF Industries Holdings, Inc. (NYSE: CF) today announced that Christopher D. Bohn has been appointed Executive Vice President and Chief Operating Officer and has been elected to the Company’s Board of Directors, effective February 1, 2024. Mr. Bohn will lead global manufacturing, distribution, sales and supply chain, including the Company’s clean energy initiatives. He will be accountable for operational excellence focused on safety, productivity and long-term growth. Mr ...

Group 1 - CF Industries (CF) closed at $76.84, reflecting a +1.76% increase, outperforming the S&P 500's gain of 1.25% [1] - Over the past month, CF Industries' shares have decreased by 8.69%, while the Basic Materials sector declined by 7.18% [1] - The upcoming earnings report on February 14, 2024, is projected to show an EPS of $1.56, a 64.14% decrease year-over-year, with revenue expected at $1.49 billion, down 42.99% from the previous year [1] Group 2 - Recent analyst estimate revisions indicate a positive outlook for CF Industries, with a consensus EPS projection increasing by 0.8% in the last 30 days [2] - CF Industries currently holds a Zacks Rank of 3 (Hold), reflecting a neutral stance on the stock [2] Group 3 - CF Industries has a Forward P/E ratio of 11.65, which is higher than the industry average of 9.64, indicating a premium valuation [3] - The company has a PEG ratio of 1.94, compared to the Fertilizers industry's average PEG ratio of 1.38 [3] - The Fertilizers industry ranks in the bottom 22% of all industries, with a Zacks Industry Rank of 198 [3]

Group 1: Market Overview - The stock market is signaling a potential re-election for President Joe Biden, with the S&P 500 reaching new heights, indicating a favorable environment for stocks aligned with Democratic policies [1] - Investors are expected to benefit from sectors such as renewable energy, electric vehicles, healthcare, technology, and cannabis if Biden secures a second term [1] Group 2: CF Industries - The U.S. Department of Agriculture is investing $207 million into renewable energy and domestic fertilizer initiatives, which is expected to boost the economy and support farmers [2] - CF Industries, a leading nitrogen fertilizer company, is well-positioned to benefit from favorable energy prices and strong global fertilizer demand, generating $2.37 billion in free cash flow over the trailing 12 months [3] Group 3: Green Thumb Industries - The potential re-election of Biden is promising for cannabis stocks like Green Thumb Industries, which aligns with Biden's cannabis reform proposals [4] - In Q3, Green Thumb Industries reported a 9% revenue increase to $275 million, with a GAAP net income of $11 million and adjusted EBITDA of $83 million, representing 30% of its sales [5] - The stock has surged by 90% in the past six months, with analysts predicting a 16% upside from current levels [5] Group 4: Marvell Technology - Biden's initiatives to strengthen U.S. semiconductor capabilities favor Marvell Technology, positioning it well in the semiconductor market [6] - Marvell Technology reported $1.42 billion in sales during Q3, exceeding estimates by $20 million, showcasing its robust financial performance [7]

NORTHBROOK, Ill.--(BUSINESS WIRE)--CF Industries Holdings, Inc. (NYSE: CF) today announced that the Company plans to announce its quarterly financial results and hold conference calls to discuss the results on the following days in 2024: Fourth Quarter 2023 Quarterly Financial Results: after the market close on Wednesday, February 14, 2024 Conference Call: Thursday, February 15, 2024, at 10:00 am ET First Quarter 2024 Quarterly Financial Results: after the market close on Wednesday, May 1, 2024 ...