CF Industries (CF) Misses Q4 EPS, New $1B Buyback
CF Industries (NYSE: CF) reported Q4 EPS of $0.21, $0.27 worse than the analyst estimate of $0.48. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.24 billion.
During the fourth quarter, the company repurchased 9.1 million shares for $409 million. As of December 31, 2018, the company had repurchased 10.9 million shares for $500 million, completing the share repurchase program authorized by the Board of Directors in August 2018.
Subsequent to the end of the quarter, the Board of Directors authorized a new $1 billion share repurchase program through 2021.
For earnings history and earnings-related data on CF Industries (CF) click here.
