NEW YORK (AP) — CF Industries' stock dropped Wednesday after the fertilizer company reported a decline in fourth-quarter revenue that was deeper than analysts had predicted.

THE SPARK: CF Industries reported late Tuesday that its profit in the October-December quarter grew 7 percent to nearly $471 million, or $7.40 per share. But revenue slid 14 percent to $1.48 billion because of a change in selling prices from one plant's products and as prices for phosphate products declined on lower demand.

Analysts polled by FactSet expected lower earnings, of $6.88 per share, but predicted less of a revenue decline, to $1.59 billion.

THE BIG PICTURE: CF, which is based in Deerfield, Ill., makes nitrogen- and phosphate-based fertilizer for farmers around the world. It has a much bigger nitrogen business.

The company sounded optimistic about 2013, saying it expects crop prices to rise. Higher income for farmers could prompt them to plant more and buy more fertilizer in the first half of the year.

SHARE ACTION: Shares of CF Industries Holdings Inc. declined $10.27, or 4.7 percent, to $208.26 in afternoon trading. The company's stock has been trending generally higher for the past few years. It had gained 22 percent over the past 12 months and peaked at a record high of $233.43 on Jan. 30. CF went public in 2005.


Publishing Services International Limited (PSIL) is the publisher and operator of a worldwide network of online news sites dedicated to delivering fair, accurate and relevant reporting from a variety of the world’s most trusted sources – from the biggest cities to the smallest towns.

We deliver positive and powerful messages to our readers, providing up‑to‑the‑second news that matters to the individual.

Our promise is to serve communities and individuals worldwide, delivering information that hasn’t always been available to them. We will give them back a voice – a voice that’s empowering because it is theirs – and provide a platform to communicate between themselves and the world.

We believe people are not just generic demographics; they are individuals with their own preferences and curiosities. We are about understanding these individuals, listening to them, and serving them.

We are the new pioneering spirit of news – we’re not talking to everyone, we’re talking with every one.

If you want your news, your voice, your way, on your time – we’ve got news for you.




If you have any questions or concerns please email us on


  • Australia, Toll Free 1-800-983-421
  • Hong Kong, Toll Free 800-906-187
  • Singapore, Toll Free 800-852-3871
  • USA/Canada, Toll Free 1-800-830-4132

Advertise With Us

Interested in being awesome?
Contact us by email or phone.