CF Industries HoldingsNYSE: CF

CF Industries Holdings, Inc. (NYSE:CF) will hold its Q3 2024 Earnings Conference Call on October 31, 2024, at 10:00 AM ET. The call will feature key company executives, including the President and CEO, as well as various participants from major financial institutions. Attendees will be in listen-only mode during the call.

In the third quarter, CF experienced higher average selling prices compared to the previous year because the prices for ammonia rose due to a decrease in global supply.

The main figures for CF (CF) provide an overview of the company's performance for the quarter that ended in September 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same period last year.

CF Industries (CF) reported quarterly earnings of $1.55 per share, which is higher than the Zacks Consensus Estimate of $1.05 per share. This is an increase compared to earnings of $0.85 per share from the same period last year.

This is a comparison of how CF Industries (CF) and Alamos Gold (AGI) have done in relation to their industry this year.

CF is likely to have gained from strong demand for nitrogen fertilizer in key markets and reduced natural gas prices during the third quarter.

CF Industries, the top producer of ammonia globally, is well-run and currently offers a good price for long-term gains, earning a Buy recommendation. Its strong financial position, low debt levels, and consistent share buybacks and dividends make it an appealing investment, even with the risks associated with cycles and commodities. The company's strategic advantages and capacity to benefit from global events, such as the Russia-Ukraine conflict, demonstrate its strength and potential for growth.

HY, ERIC, and CF were included in the Zacks Rank #1 (Strong Buy) income stocks list on October 18, 2024.

At Zacks, we concentrate on the reliable Zacks Rank system, which highlights earnings estimates and changes in those estimates to identify excellent stocks. At the same time, we keep an eye on the most recent trends in value, growth, and momentum to support our top selections.