CF Misses Estimates By A Mile, Shares Down Sharply (CF)

CF Industries Holdings, Inc. (CF) reports Q3 earnings of $0.67 versus consensus of $1.43. CF Industries Holdings, Inc. reports revenues of $917.1 million versus consensus of $979.66 million. “Nitrogen volumes in the third quarter benefited from an increase in winter wheat plantings in reaction to weather-related supply shortfalls in Russia and other eastern European countries,” said Stephen R. Wilson, chairman and chief executive officer, CF Industries Holdings, Inc. “Forward demand was and continues to be very strong as customers prepare for a long fall application window and higher planted acreage for corn in the spring.” Due to the earnings miss, shares of CF are getting hit hard after hours, trading at $114.49‎ a loss of $6.70‎.