Investing.com - CF Industries reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
CF Industries announced earnings per share of $3.27 on revenue of $2.54B. Analysts polled by Investing.com anticipated EPS of $3.35 on revenue of $2.51B.
CF Industries shares are up 2% from the beginning of the year and are trading at $70.72 , down-from-52-week-high.They are outperforming the S&P 500 which is down 6.19% from the start of the year.
CF Industries shares lost 2.08% in after-hours trade the report.
CF Industries follows other major Materials sector earnings this month
CF Industries's report follows an earnings missed by Freeport-McMoran on Wednesday, January 26, 2022, who reported EPS of $0.96 on revenue of $6.16B, compared to forecasts EPS of $0.9703 on revenue of $6.44B.
Air Products had beat expectations on Friday, February 4, 2022 with first quarter EPS of $2.52 on revenue of $2.99B, compared to forecast for EPS of $2.5 on revenue of $2.74B.
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