CF Industries (CF) reported $2.61 billion in earnings for the quarter finished December 2022, standing for a year-over-year rise of 2.7%. EPS of $4.35 for the very same duration contrasts to $3.71 a year earlier.
The reported earnings contrasts to the Zacks Agreement Price Quote of $2.81 billion, standing for a shock of -7.33%. The business provided an EPS shock of +5.33%, with the agreement EPS price quote being $4.13.
While financiers carefully enjoy year-over-year adjustments in heading numbers– earnings as well as profits– as well as just how they contrast to Wall surface Road assumptions to identify their following strategy, some crucial metrics constantly offer a much better understanding right into a firm’s underlying efficiency.
Given that these metrics play an essential function in driving the top- as well as fundamental numbers, contrasting them with the year-ago numbers as well as what experts approximated concerning them assists financiers much better task a supply’s rate efficiency.
Below is just how CF executed in the simply reported quarter in regards to the metrics most commonly kept track of as well as forecasted by Wall surface Road experts:
- Typical asking price per ton-UAN: $500 versus $484.85 approximated by 4 experts usually.
- Sales volume-UAN: 1690 KTon versus 1669.47 KTon approximated by 4 experts usually.
- Sales volume-Granular Urea: 1033 KTon versus the four-analyst ordinary price quote of 989.15 KTon.
- Sales volume-Ammonia: 895 KTon contrasted to the 1013.04 KTon ordinary price quote based upon 4 experts.
- Typical asking price per ton-Ammonia: $898 versus $937.46 approximated by 4 experts usually.
- Typical asking price per ton-Granular Urea: $586 versus the four-analyst ordinary price quote of $679.05.
- Lots of item marketed- Overall: 4464 KTon versus the four-analyst ordinary price quote of 4578.69 KTon.
- Web sales-Ammonia: $804 million versus the four-analyst ordinary price quote of $950.39 million. The reported number stands for a year-over-year adjustment of +3.3%.
- Web sales-Granular Urea: $605 million contrasted to the $659.47 million ordinary price quote based upon 4 experts. The reported number stands for an adjustment of -8.6% year over year.
- Web sales-UAN: $845 million versus $807.78 million approximated by 4 experts usually. Contrasted to the year-ago quarter, this number stands for a +15.4% adjustment.
- Web sales- AN: $189 million versus the three-analyst ordinary price quote of $192.76 million. The reported number stands for a year-over-year adjustment of +25.2%.
- Web Sales – Various Other: $165 million versus the three-analyst ordinary price quote of $228.45 million. The reported number stands for a year-over-year adjustment of -24%.
View all Key Company Metrics for CF here>>>
Shares of CF have actually returned -0.6% over the previous month versus the Zacks S&P 500 compound’s +3.5% adjustment. The supply presently has a Zacks Ranking # 3 (Hold), showing that it can execute according to the more comprehensive market in the close to term.
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It’s an obscure chemical business that’s up 65% over in 2014, yet still economical. With unrelenting need, skyrocketing 2022 profits price quotes, as well as $1.5 billion for buying shares, retail financiers can enter at any moment.
This business can measure up to or exceed various other current Zacks’ Supplies Ready To Dual like Boston Beer Firm which soared +143.0% in little bit greater than 9 months as well as NVIDIA which flourished +175.9% in one year.
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CF Industries Holdings, Inc. (CF) : Free Stock Analysis Report
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