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CF: 1Q Earnings Snapshot

DEERFIELD, Ill. (AP) _ CF Industries Holdings Inc. (CF) on Wednesday reported first-quarter net income of $63 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Deerfield, Illinois-based company said it had net income of 27 cents.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share.

The fertilizer maker posted revenue of $957 million in the period.

CF shares have fallen 8 percent since the beginning of the year, while the Standard & Poor's 500 index has fallen slightly more than 1 percent. In the final minutes of trading on Wednesday, shares hit $39.07, a climb of 48 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CF at https://www.zacks.com/ap/CF