Investing.com - CF Industries reported on Monday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
CF Industries announced earnings per share of $5.58 on revenue of $3.39B. Analysts polled by Investing.com anticipated EPS of $6 on revenue of $3.53B.
CF Industries shares are up 33% from the beginning of the year and are trading at $93.25 , down-from-52-week-high.They are outperforming the S&P 500 which is down 13.59% from the start of the year.
CF Industries shares lost 1.26% in after-hours trade the report.
CF Industries follows other major Materials sector earnings this month
CF Industries's report follows an earnings matched by Air Liquide ADR on Thursday, who reported EPS of $0.5406 on revenue of $7.43B, compared to forecasts EPS of $0.5406 on revenue of $7.32B.
Sherwin-Williams had missed expectations on Wednesday with second quarter EPS of $2.41 on revenue of $5.87B, compared to forecast for EPS of $2.77 on revenue of $6.03B.
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