Core Viewpoint - CF Industries is well-positioned to continue its earnings-beat streak, with a strong history of surpassing earnings estimates, particularly in the last two quarters, averaging a surprise of 13.35% [1] Earnings Performance - For the most recent quarter, CF Industries reported earnings of $2.37 per share, exceeding the expected $2.35 per share, resulting in a surprise of 0.85% [2] - In the previous quarter, the company reported $1.85 per share against a consensus estimate of $1.47 per share, achieving a surprise of 25.85% [2] Earnings Estimates and Predictions - Estimates for CF Industries have been trending higher, influenced by its history of earnings surprises [5] - The stock currently has a positive Zacks Earnings ESP of +14.50%, indicating increased analyst optimism regarding its near-term earnings potential [8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat [8] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7]
Why CF (CF) Could Beat Earnings Estimates Again