Dahlman Rose Raises CF EPS Estimates

Dahlman Rose has issued a report on CF Industries CF raising EPS estimates. According to the report, "We have raised our 2011 EBITDA and EPS estimates to $2.2 billion (prior $1.7 billion) and $14.56 (prior $10.04) as we expect better volumes and pricing along with an improved product mix toward higher priced agricultural sales. We are above consensus during the first half of the coming year as we expect strong spring application season to positively impact 1Q and 2Q (1H11 DRCO at $8.90 versus 1H11 consensus at $8.30)." CF has a Hold Rating and closed at $127.82 yesterday.