Investing.com - CF Industries reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
CF Industries announced earnings per share of $-0.9065 on revenue of $1.36B. Analysts polled by Investing.com anticipated EPS of $0.973 on revenue of $1.38B.
CF Industries shares are up 50% from the beginning of the year and are trading at $58.11 , down-from-52-week-high.They are outperforming the S&P 500 which is up 24.08% from the start of the year.
CF Industries follows other major Basic Materials sector earnings this month
CF Industries's report follows an earnings missed by Sherwin-Williams on October 26, who reported EPS of $2.09 on revenue of $5.15B, compared to forecasts EPS of $2.11 on revenue of $5.09B.
Vale ADR had missed expectations on October 29 with third quarter EPS of $0.76 on revenue of $12.68B, compared to forecast for EPS of $1.09 on revenue of $13.89B.
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