CF reports 1Q loss – Yahoo Finance

DEERFIELD, Ill. (AP) _ CF Industries Holdings Inc. (CF) on Wednesday reported a first-quarter loss of $23 million, after reporting a profit in the same period a year earlier.

The Deerfield, Illinois-based company said it had a loss of 10 cents per share. Earnings, adjusted for non-recurring costs, came to 5 cents per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.

The fertilizer maker posted revenue of $1.04 billion in the period.

CF shares have decreased 19 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed roughly 7 percent. In the final minutes of trading on Wednesday, shares hit $25.51, a decrease of 19 percent in the last 12 months.

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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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Keywords: CF Industries, Earnings Report

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CF reports 1Q loss - Yahoo Finance