UPDATE: CF Industries Holdings (CF) Misses Q2 EPS by 61c, Increases Dividend and Buyback

CF Industries Holdings (NYSE: CF) reported Q2 EPS of $6.10, $0.61 worse than the analyst estimate of $6.71. Revenue for the quarter came in at $1.47 billion versus the consensus estimate of $1.34 billion.

The company’s board of directors approved a 50 percent increase in the company’s quarterly cash dividend from $1.00 to $1.50 per share, and authorized an additional $1.0 billion share repurchase program through December 31, 2016. The new authorization, coming immediately on the conclusion of the prior program, is a continuation of the company’s commitment to return excess cash to shareholders.

For earnings history and earnings-related data on CF Industries Holdings (CF) click here.

You May Also Be Interested In

• BofA sees an "enhanced buying opportunity" in this memory stock
• UBS Reiterates Buy Rating on Walmart (WMT) on 'Attractive Setup' Into Q2 Earnings
• Qnity Electronics (Q) Tops Q2 EPS by 54c ; Offers Guidance