NORTHBROOK, Ill. (AP) — NORTHBROOK, Ill. (AP) — CF Industries Holdings Inc. (CF) on Wednesday reported third-quarter earnings of $276 million.
On a per-share basis, the Northbrook, Illinois-based company said it had net income of $1.55.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share.
The fertilizer maker posted revenue of $1.37 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $1.21 billion.
CF shares have increased nearly 3% since the beginning of the year, while the S&P's 500 index has climbed 22%. In the final minutes of trading on Wednesday, shares hit $81.78, a rise of nearly 1% in the last 12 months.