UPDATE: CF Industries Holdings (CF) Misses Q2 EPS by 61c, Increases Dividend and Buyback
(Updated - August 6, 2014 4:12 PM EDT)
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.