- CF Industries reported net sales of $1.52 billion for 4Q, beating the estimated $1.48 billion, despite a 3% year-over-year decline.
- Ammonia net sales increased by 16% year-over-year to $572 million, surpassing the estimate of $465.1 million.
- Ammonia sales volume rose by 15% to 1.24 million product tons, exceeding the estimated 1.08 million tons.
- The average selling price for ammonia was $461 per ton, slightly above the estimated $434.70.
- Granular urea net sales fell by 11% to $348 million, below the estimated $360.9 million.
- Granular urea sales volume decreased by 3.5% to 1.00 million tons, missing the estimate of 1.06 million tons.
- The average selling price for granular urea was $347 per ton, an 8.2% decrease year-over-year, and above the estimated $339.89.
- UAN (urea ammonium nitrate) net sales decreased by 11% to $372 million, missing the estimate of $412.7 million.
- UAN sales volume declined by 11% to 1.61 million tons, below the estimated 1.80 million tons.
- The average selling price for UAN remained flat year-over-year at $231 per ton, slightly above the estimated $229.01.
- Earnings per share (EPS) was $1.89, higher than both the year-over-year figure of $1.44 and the estimated $1.49.
- The company’s cash and cash equivalents stood at $1.61 billion, down 21% year-over-year, under the estimated $1.68 billion.
- Tony Will, CF Industries’ CEO, noted that the company’s strong performance was driven by effective team execution amidst positive global nitrogen market conditions.
- Analyst ratings include 6 buys, 12 holds, and 4 sells.
Cf Industries Holdings on Smartkarma
Analyst coverage of Cf Industries Holdings on Smartkarma is buzzing with insights from Baptista Research. In their research report titled “CF Industries: Will Its Expansion Into Clean Energy Projects Be A Breakthrough Move? – Major Drivers,” Baptista Research dives into CF Industries Holdings, Inc.’s recent financial performance. The company disclosed an adjusted EBITDA of $511 million for the third quarter and a total of $1.7 billion for the first nine months of the year. Despite facing logistical challenges and production disruptions due to weather conditions and unfortunate incidents like the one at the Donaldsonville facility, CF Industries exhibited robust financial discipline and operational excellence.
A look at Cf Industries Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
CF Industries Holdings, Inc. is set for a positive long-term outlook, as indicated by its Smartkarma Smart Scores. With a strong score of 5 in Growth, the company is positioned for future expansion and development. This indicates promising prospects for increasing profitability and market presence over the long run. Additionally, with solid scores of 3 in Value, Dividend, Resilience, and Momentum, CF Industries Holdings demonstrates stability and performance across various key indicators, suggesting a balanced and sustainable business model.
CF Industries Holdings, Inc. specializes in manufacturing and distributing nitrogen and phosphate fertilizer products on a global scale. In the nitrogen segment, the company’s key products include ammonia, urea, and ammonium nitrate, among others. Within the phosphate segment, CF Industries Holdings produces diammonium phosphate and monoammonium phosphate. This diversification in product offerings positions CF Industries Holdings to cater to a wide market base and adapt to changing industry dynamics effectively.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
