CF Industries (CF) Q1 2025 Earnings Call May 08, 2025 11:00 AM ET Speaker0 Please note this event is being recorded. I would now like to turn the conference over to Mr. Martin Jurassic, Vice President, Treasury and Investor Relations. Please go ahead. Speaker1 Good morning, and thanks for joining the CF Industries earnings conference call. With me today are Tony Will, President and CEO Chris Bohn, Executive Vice President and Chief Operating Officer Bert Frost, Executive Vice President of Sales, Market Deve ...

CF Industries Holdings, Inc. (CF) logged first-quarter 2025 earnings of $1.85 per share, up from $1.03 in the year-ago quarter. The figure topped the Zacks Consensus Estimate of $1.47.Net sales rose around 13% year over year to $1,663 million in the quarter. It surpassed the Zacks Consensus Estimate of $1,520.9 million.Average selling prices for most of CF’s key products increased year over year in the reported quarter as higher global energy costs raised the global market-clearing price needed to meet glob ...

2025 First Quarter Financial Results May 7, 2025 NYSE: CF Safe harbor statement All statements in this presentation by CF Industries Holdings, Inc. (together with its subsidiaries, the "Company"), other than those relating to historical facts, are forward-looking statements. Forward-looking statements can generally be identified by their use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "will" or "would" and similar terms and phrases, ...

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how CF performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: For the quarter ended March 2025, CF Industries (CF) reported revenue of $1.66 billion, up 13.1% over the same period last year. EPS came in at $1.8 ...

CF Industries (CF) came out with quarterly earnings of $1.85 per share, beating the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.03 per share a year ago. These figures are adjusted for non- recurring items. Ahead of this earnings release, the estimate revisions trend for CF: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. ...

CF Industries Holdings, Inc. Reports First Quarter 2025 Net Earnings of $312 Million, Adjusted EBITDA of $644 Million Outstanding Operations, Positive Global Nitrogen Environment Drive Strong Q1 2025 Performance Announced FID for Blue Point Joint Venture Low-Carbon Ammonia Production Facility Board Authorizes Additional $2 Billion Share Repurchase Program Through 2029 NORTHBROOK, Ill.—May 7, 2025—CF Industries Holdings, Inc. (NYSE: CF), a leading global manufacturer of hydrogen and nitrogen products, today ...

In its upcoming report, CF Industries (CF) is predicted by Wall Street analysts to post quarterly earnings of $1.47 per share, reflecting an increase of 42.7% compared to the same period last year. Revenues are forecasted to be $1.52 billion, representing a year-over-year increase of 3.5%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 7.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections durin ...

The market expects CF Industries (CF) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

文章核心观点 CF Industries虽面临氮价格疲软的逆风，但受益于主要市场对氮肥的高需求和较低的天然气成本，当前CF股票值得持有 [1] 健康的氮需求和较低的天然气成本助力CF股票 - 全球对氮肥的需求上升，农业需求是主要驱动力，工业需求也从疫情相关的干扰中恢复，预计近期全球需求将保持强劲 [2] - 北美高玉米种植面积和低氮渠道库存预计将推动氮需求，巴西因玉米种植面积增加尿素需求可能保持强劲，印度低库存水平预计将推动需求 [2] - 公司预计全球供需平衡将继续保持积极，因为全球库存低于正常水平，欧洲行业边际生产商的生产经济状况仍具挑战性 [3] - 美国玉米平均回报预计高于大豆，这将有利于玉米种植和该地区的氮需求，2025年巴西氮进口可能保持高位，印度尿素库存预计较低 [4] - 公司受益于较低的天然气价格，2024年第四季度天然气成本下降，平均成本从上年同期的每百万英热单位3.01美元降至2.43美元，2024年全年从每百万英热单位3.67美元降至2.4美元 [5] - 较低的天然气成本导致公司2024年销售成本下降，预计2025年将继续受益 [7] 疲软的氮价格困扰CF Industries - 全球能源成本降低导致全球开工率提高，供应增加，给氮价格带来压力，2024年公司平均销售价格低于2023年，各业务板块价格同比下降 [8] - 尽管近期价格有所改善，但同比价格疲软预计短期内将影响公司业绩，疲软的定价预计将对销售和利润率产生不利影响 [8] CF的Zacks排名及其他关键选择 - CF目前的Zacks排名为3（持有） [9] - 基础材料领域排名较好的股票有DRDGOLD Limited、Idaho Strategic Resources和Carpenter Technology Corporation，Zacks排名均为2（买入） [9] - DRD当前年度每股收益的Zacks共识估计为1.06美元，同比增长29.3%，过去一年股价飙升约93% [10] - 爱达荷战略资源公司当前年度每股收益的Zacks共识估计为78美分，同比增长16.4%，过去四个季度中有三个季度超过Zacks共识估计，平均盈利惊喜为77.5%，过去一年股价上涨88% [11] - 卡彭特科技公司本财年的共识估计为6.95美元，同比增长46.6%，过去四个季度均超过Zacks共识估计，平均盈利惊喜为15.7% [12]

合资项目情况 - CF Industries、JERA和三井物产签署合资协议，聚焦低碳氨设施建设、生产和承购 [1] - 合资企业股权结构为CF Industries持股40%、JERA持股35%、三井物产持股25% [2] - 将在CF Industries位于路易斯安那州的Blue Point Complex开发低碳氨生产设施，采用自热重整技术，配备二氧化碳脱水和压缩装置，建设成本约40亿美元，按股权比例分担资金 [2] - 工厂建成后年产能约140万公吨，将成为全球最大氨生产设施，预计2029年开始生产 [3] - CF Industries将投资约5.5亿美元开发现场基础设施并运营设施，获取服务收入，各合作伙伴按股权比例自主管理氨的承购 [3] 行业与公司展望 - 合资项目是创建可靠且经济高效的低碳氨价值链的重要一步，以满足全球对低碳氨的强劲需求 [4] - CF Industries过去一年股价下跌12.8%，行业下跌11.4% [5] - 公司预计全球供需平衡将保持积极，因全球库存低于正常水平，欧洲边际生产商生产经济状况仍具挑战 [6] - 公司预计美国玉米平均回报高于大豆，将有利于该地区玉米种植和氮肥需求；巴西2025年氮肥进口可能维持高位；印度尿素库存预计较低 [7] 公司评级与推荐 - CF Industries目前Zacks排名为3（持有） [10] - Carpenter Technology Corporation目前Zacks排名为2（买入），过去四个季度均超Zacks共识预期，平均盈利惊喜为15.7%，过去一年股价飙升126.4% [10] - Idaho Strategic Resources目前Zacks排名为2，当前年度盈利Zacks共识预期为78美分，过去四个季度三次超预期，一次未达预期，平均盈利惊喜为77.5%，过去一年股价上涨80.4% [11] - ArcelorMittal目前Zacks排名为2，过去四个季度三次超预期，一次未达预期，平均盈利惊喜约4.1% [12]