NORTHBROOK, Ill. (AP) — NORTHBROOK, Ill. (AP) — CF Industries Holdings Inc. (CF) on Wednesday reported fourth-quarter earnings of $328 million.
On a per-share basis, the Northbrook, Illinois-based company said it had net income of $1.89.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.49 per share.
The fertilizer maker posted revenue of $1.52 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $1.47 billion.
For the year, the company reported profit of $1.22 billion, or $6.74 per share. Revenue was reported as $5.94 billion.
CF shares have decreased almost 2% since the beginning of the year, while the S&P's 500 index has risen 4.5%. In the final minutes of trading on Wednesday, shares hit $83.81, an increase of almost 9% 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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