earnings
confidence high
sentiment positive
materiality 0.75
CF Industries Q3 net earnings $276M (EPS $1.55) up 68% YoY; adjusted EBITDA $511M
CF Industries Holdings, Inc.
2024-Q3 EPS reported
$4.86
revenue$4,412,000,000
- Net sales $1.37B (+7.6% YoY); gross margin $444M (32.4% vs 29.6% in Q3 2023).
- Repurchased 6.1M shares for $476M in Q3; returned $1.4B to shareholders YTD 2024.
- Full-year 2024 gross ammonia production expected ~9.8M tons; capex projected ~$525M.
- Low-carbon ammonia FEED studies on track for Q4 2024 completion; carbon capture projects with ExxonMobil advancing.