Overview
CF Industries Q3 revenue slightly beats analyst expectations, driven by strong nitrogen demand
The hydrogen and nitrogen products maker completed $3 bln share repurchase program, commenced new $2 bln program
Net earnings for Q3 2025 were $353 mln, adjusted EBITDA was $667 mln
Outlook
Company expects strong global nitrogen demand through end of 2025 and into 2026
CF Industries anticipates growing demand for low-carbon ammonia in 2026
Company projects constructive nitrogen supply-demand balance due to low inventories
Result Drivers
STRONG NITROGEN DEMAND - Co attributes higher selling prices to strong global nitrogen demand and supply disruptions
LOW-CARBON AMMONIA SALES - Co began selling premium low-carbon ammonia, contributing to revenue
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Sales | Slight Beat* | $1.66 bln | $1.65 bln (9 Analysts) |
Q3 EPS | $2.19 | ||
Q3 Net Income | $353 mln | ||
Q3 Adjusted EBITDA | $667 mln | ||
Q3 Capex | $347 mln | ||
Q3 EBITDA | $671 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 15 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the agricultural chemicals peer group is "buy."
Wall Street's median 12-month price target for CF Industries Holdings Inc is $95.00, about 11% above its November 4 closing price of $84.55
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 13 three months ago
Press Release: ID:nBw7PnJbHa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)