Core Insights - CF Industries reported $1.89 billion in revenue for the quarter ended June 2025, marking a year-over-year increase of 20.2% and exceeding the Zacks Consensus Estimate of $1.73 billion by 9.08% [1] - The company's EPS for the same period was $2.37, compared to $2.30 a year ago, resulting in an EPS surprise of 0.85% against the consensus estimate of $2.35 [1] Financial Performance Metrics - Total tons of product sold reached 5,805 KTon, surpassing the average estimate of 4,904.49 KTon from four analysts [4] - Sales volume by product included: - Ammonia: 1,087 KTon vs. 1,026.80 KTon estimated [4] - UAN (urea ammonium nitrate): 1,902 KTon vs. 1,753.68 KTon estimated [4] - Granular Urea: 1,188 KTon vs. 1,232.47 KTon estimated [4] - Other Sales volume: 466 KTon vs. 533.92 KTon estimated [4] - AN (ammonium nitrate): 378 KTon vs. 355.81 KTon estimated [4] - Average selling prices per product ton: - Ammonia: $452 vs. $437.52 estimated [4] - Net sales figures compared to estimates and year-over-year changes: - Ammonia: $491 million vs. $449.04 million estimated (+20.1% YoY) [4] - Granular Urea: $547 million vs. $502.54 million estimated (+19.7% YoY) [4] - UAN: $610 million vs. $518.9 million estimated (+28.4% YoY) [4] - AN: $117 million vs. $104.39 million estimated (+19.4% YoY) [4] - Other: $125 million vs. $137.07 million estimated (-6% YoY) [4] Stock Performance - CF Industries' shares have returned -4.5% over the past month, while the Zacks S&P 500 composite has changed by +0.5% [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating potential for outperformance in the near term [3]

Core Viewpoint - CF Industries Holdings, Inc. reported strong first-quarter 2025 earnings, with earnings per share of $1.85, significantly up from $1.03 in the same quarter last year, exceeding the Zacks Consensus Estimate of $1.47 [1] Financial Performance - Net sales increased approximately 13% year over year to $1,663 million, surpassing the Zacks Consensus Estimate of $1,520.9 million [1] - Cash and cash equivalents at the end of the quarter were $1,406 million, down around 13% from the prior quarter, while long-term debt remained flat at $2,972 million [5] - Net cash provided by operating activities was $586 million, reflecting a 32% year-over-year increase [5] - The company repurchased 5.4 million shares worth $434 million and announced a new $2 billion share repurchase program effective through 2029 [5] Segment Performance - Ammonia segment sales rose about 29% year over year to $520 million, exceeding the estimate of $482 million, with an average selling price per product ton of $454 [2] - Granular Urea segment sales increased around 8% year over year to $439 million, beating the estimate of $420 million, with an average selling price per product ton of $390 [3] - Urea Ammonium Nitrate segment sales grew approximately 11% year over year to $470 million, surpassing the estimate of $373 million, with an average selling price per product ton of $251 [3] - Ammonium Nitrate segment sales fell around 11% year over year to $101 million, missing the estimate of $107 million, but the average selling price per product ton was $308, exceeding the estimate of $270 [4] Market Outlook - The company expects a favorable global supply-demand balance due to strong demand from corn stocks and challenging production economics in Europe [6] - In North America, strong nitrogen demand is anticipated during the spring application season, driven by favorable returns for corn compared to soybeans [6] Stock Performance - CF Industries' shares have increased by 8.6% over the past year, outperforming the Zacks Fertilizers industry's rise of 5.1% [7]