CF Industries Tops Q4 Estimates with $1.87B Revenue, $2.99 EPS
CF Industries reported Q4 revenue of $1.87 billion, up 22.8% year-over-year and 4.7% above consensus estimates, with EPS of $2.99 delivering a 19.8% upside. Average selling price for ammonia rose to $557 per ton, 14.7% higher than analyst projections, while total volumes of 4.53 million tons missed estimates by 4.1%.
1. Q4 Revenue and Earnings Beat
CF Industries delivered Q4 revenue of $1.87 billion, marking a 22.8% year-over-year increase and a 4.7% surplus versus estimates. Earnings per share rose to $2.99 from $1.89 a year ago, outperforming the $2.50 consensus by 19.8%.
2. Product Sales Volumes
Total product shipments reached 4.528 million tons, falling 4.1% short of the 4.721 million-ton estimate. Ammonia volumes led at 1.272 million tons (ahead of the 1.165 million-ton forecast), while granular urea and UAN volumes underperformed analyst projections.
3. Pricing Strength Boosts Margins
Average selling price for ammonia climbed to $557 per ton, 14.7% above the $485.54 forecast, and granular urea averaged $434 per ton, 5.2% higher than expected. These pricing gains helped offset volume declines in key products.
4. Stock Performance and Comparative Returns
Shares of CF Industries have gained 6.1% over the past month, outpacing the 1.3% drop in the S&P 500. The stock’s recent performance underscores investor confidence following the robust quarterly results.