Investing.com - CF Industries reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
CF Industries announced earnings per share of $2.18 on revenue of $2.32B. Analysts polled by Investing.com anticipated EPS of $3.41 on revenue of $2.32B.
CF Industries shares are up 17.79% from the beginning of the year and are trading at $97.99 , down-from-52-week-high.
CF Industries shares lost 5.06% in after-hours trade the report.
CF Industries follows other major Materials sector earnings this month
CF Industries's report follows an earnings beat by Sherwin-Williams on Tuesday, October 25, 2022, who reported EPS of $2.83 on revenue of $6.05B, compared to forecasts EPS of $2.59 on revenue of $5.81B.
Freeport-McMoran had missed expectations on Thursday, October 20, 2022 with third quarter EPS of $0.26 on revenue of $5B, compared to forecast for EPS of $0.3167 on revenue of $5.37B.
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