NORTHBROOK, Ill. (AP) — NORTHBROOK, Ill. (AP) — CF Industries Holdings Inc. (CF) on Wednesday reported fourth-quarter profit of $404 million.
The Northbrook, Illinois-based company said it had profit of $2.59 per share. Earnings, adjusted for asset impairment costs and to extinguish debt, were $2.99 per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.50 per share.
The fertilizer maker posted revenue of $1.87 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $1.79 billion.
For the year, the company reported profit of $1.46 billion, or $8.97 per share. Revenue was reported as $7.08 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CF at https://www.zacks.com/ap/CF
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