Investing.com - CF Industries (NYSE:CF) reported on Monday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
CF Industries announced earnings per share of $1.14 on revenue of $1.59B. Analysts polled by Investing.com anticipated EPS of $1.56 on revenue of $1.63B.
CF Industries shares are up 21% from the beginning of the year, still down 17.70% from its 52 week high of $57.19 set on May 18. They are outperforming the S&P 500 which is up 18% from the start of the year.
CF Industries shares lost 2.04% in after-hours trade following the report.
CF Industries follows other major Basic Materials sector earnings this month
CF Industries's report follows an earnings beat by Vale ADR on July 29, who reported EPS of $1.48 on revenue of $16.68B, compared to forecasts EPS of $1.44 on revenue of $16.83B.
Sherwin-Williams had missed expectations on July 27 with second quarter EPS of $2.65 on revenue of $5.38B, compared to forecast for EPS of $2.67 on revenue of $5.39B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar