Brief: CF Industries Q2 Sales USD 1,890 Million Vs. IBES Estimate USD 1,787 Million

CF Industries Holdings

06/08/2025 21:30

Overview

CF Industries Q2 revenue beats analyst expectations, driven by higher selling prices

Company repurchased 2.8 mln shares in Q2, returning capital to shareholders

Donaldsonville CCS project starts up, generating tax credits for CO2 sequestration

Outlook

CF Industries expects 2025 capital expenditures of $800-$900 mln

Company anticipates producing 1.9 mln tons of low-carbon ammonia annually

CF Industries sees constructive nitrogen supply-demand balance through 2025

Company expects strong nitrogen demand from Brazil and India in 2025

Result Drivers

HIGHER SELLING PRICES - Increased average selling prices due to higher global energy costs raised the market clearing price, per CEO Tony Will

INCREASED PRODUCTION - Higher ammonia production and supply availability boosted sales volumes, overcoming previous year's production outages

LOW-CARBON AMMONIA - Start-up of Donaldsonville CCS project generating tax credits and premium pricing for low-carbon ammonia

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$1.89 bln
$1.79 bln (9 Analysts)
Q2 EPS
$2.37
Q2 Net Income
$386 mln
Q2 Adjusted EBITDA
$761 mln
Q2 Capex
$245 mln
Q2 EBITDA
$757 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 17 "hold" and no "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 $97.00, about 4.4% above its August 5 closing price of $92.72

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nBwcfFRQ3a

(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.)