Goldman Sachs Lowers CF Industries 2010E EPS

CF Industries Holdings, Inc. CF reported 3Q2010 EPS of $1.10 Friday after the market close, Goldman Sachs reports. “This was roughly $0.30 shy of our and Street estimates,” Goldman Sachs writes. “The stock nonetheless traded up intraday and closed up over $1, as investors were willing to look through the shortfall to the exceptional margin prospects in store for coming quarters.” As a result, Goldman Sachs is lowering its 2010E EPS to reflect the 4Q shortfall to $7.43; meanwhile, the company maintains its 2011/2012 forecasts of $11.00/ $11.09. CF Industries Holdings currently trades at $122.78.
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Posted In: Analyst RatingsCF Industries HoldingsFertilizers & Agricultural ChemicalsGoldman SachsMaterials
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