CF Industries Holdings Inc. Reveals 57% Drop In Q1 Earnings

(RTTNews) - CF Industries Holdings Inc. (CF) reported earnings for first quarter that decreased compared to the same period last year.

The company said its profit declined to $95 million, or $0.40 per share. This was down from $220 million, or $0.91 per share, in last year's first quarter.

The company said revenue for the quarter rose 5.3% to $1.00 billion. This was up from $0.95 billion last year.

CF Industries Holdings Inc. earnings at a glance:

-Earnings (Q1): $95 Mln. vs. $220 Mln. last year. -Earnings Decline (Y-o-Y): -56.8% -EPS (Q1): $0.40 vs. $0.91 last year. -EPS Decline (Y-o-Y): -56.0% -Revenue (Q1): $1.00 Bln vs. $0.95 Bln last year. -Revenue Change (Y-o-Y): 5.3%