secwatch.observer — SEC 8-K summary
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Issuer:     CHS INC (CHSCP)
CIK:        0000823277
Form:       8-K
Filed at:   2024-04-03T23:59:59+00:00
Accession:  0000823277-24-000020
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CHS Q2 net income falls 42% to $170.3M; revenue down 19% to $9.1B
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- Net income $170.3M (down 42% YoY); revenue $9.1B (down 19% YoY).
- Energy pretax earnings $51.6M, down from $264.8M, due to lower refining margins and warm weather.
- Ag pretax earnings $56.9M, up from -$81.6M, driven by stronger agronomy and grain margins.
- Nitrogen Production pretax earnings $37.0M, down from $81.7M, on lower CF Nitrogen equity income.
- H1 FY2024 net income $693.2M vs $1.075B in record prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/823277/000082327724000020/0000823277-24-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/823277/000082327724000020/chscp-20240403.htm
  HTML page:      https://secwatch.observer/filing/0000823277-24-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer