CF Industries Holdings (NYSE: CF ) is expected to report Q3 earnings on Nov. 5. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict CF Industries Holdings's revenues will shrink -3.4% and EPS will increase 12.4%.
The average estimate for revenue is $1.36 billion. On the bottom line, the average EPS estimate is $5.80.
Last quarter, CF Industries Holdings recorded revenue of $1.74 billion. GAAP reported sales were 3.7% lower than the prior-year quarter's $1.80 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $8.71. GAAP EPS of $9.31 for Q2 were 38% higher than the prior-year quarter's $6.75 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 60.1%, 1,200 basis points better than the prior-year quarter. Operating margin was 57.1%, 1,080 basis points better than the prior-year quarter. Net margin was 34.9%, 780 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $6.18 billion. The average EPS estimate is $27.10.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,224 members out of 1,271 rating the stock outperform, and 47 members rating it underperform. Among 250 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 241 give CF Industries Holdings a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CF Industries Holdings is outperform, with an average price target of $210.48.