Earnings Preview: CF Industries Holdings' EPS, Revenue Expected to Rise
CF Industries Holdings (NYSE: CF) releases its next round of earnings this Tuesday, November 1, 2011. Get prepared with Benzinga's ultimate preview for CF Industries Holdings' third quarter earnings.
Earnings and Revenue:
Analysts are looking ahead to a positive EPS of $4.69/share and revenues of $1.43 billion. CF Industries Holdings' latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of $1.10/share on revenues of $917.1 million. We'll have to wait for Tuesday to see if the company has accomplished the estimated 326.4% rise in EPS and 55.9% increase in revenues on a year-over-year basis.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 | Q1 | Q4 | Q3 |
| EPS Estimate | $5.94 | $3.23 | $2.62 | $1.41 |
| EPS Actual | $6.87 | $3.81 | $2.65 | $1.10 |
Stock Performance:
At last check, shares of CF Industries Holdings were trading at $161.61. Since January 1st, shares have given investors a return of 20.1%. For a full 12 months, the return has risen by 33.9%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
- Long-term shareholders are already enjoying 12-month gains prior to the announcement
Average Stock Rating:
The average rating by analysts is a Moderate Buy. The strength of this rating has crept upwards over the past three months.
Competitors:
Wondering how some of the other materials companies are doing? Here are a few of CF Industries Holdings' peers in that sector.
- Agrium, Inc. (USA (NYSE: AGU): Moderate Buy with a $4.60 recent quarter EPS
CF Industries Holdings is in the fertilizers industry, which has experienced price/earnings growth of 1.1%.
Finally, a description of the company's main areas of operation: CF Industries Holdings is a manufacturer and distributor of nitrogen and phosphate fertilizer products, including ammonia, urea, urea ammonium nitrate solution, diammonium phosphate, and monoammonium phosphate.
Take Action:
Now that you have reviewed all the numbers, be ready to move if the upcoming CF Industries Holdings earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.
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