CF Industries' (CF) Q4 Earnings Lag, Lower Prices Hurt Sales

CF Industries Holdings, Inc. (CF) logged fourth-quarter 2023 earnings of $1.44 per share, down from$4.35 in the year-ago quarter.Barring one-time items, earnings came in at $1.49 per share for the reported quarter. The figure missed the Zacks Consensus Estimate of$1.56.Net sales fell around 40% year over year to $1,571 million in the quarter. It, however, beat the Zacks Consensus Estimate of$1,486.7 million. Sales were hurt by lower average selling prices as lower global energy costs led to reduced globa ...