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US fertilizer supplier CF had net sales of US$2.22 billion in the second quarter, and analysts expected US$2.44 billion. Earnings per share for the second quarter were $4.73, compared to $2.37 for the same period last year. Cash and cash equivalents for the second quarter were US$2.48 billion, and analysts expected US$2.7 billion. As a result of the Iran conflict, urea supply in the Middle East has been reduced by 4 million to 4.5 million tons.
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US fertilizer supplier CF had net sales of US$2.22 billion in the second quarter, and analysts expected US$2.44 billion. Earnings per share for the second quarter were $4.73, compared to $2.37 for the same period last year. Cash and cash equivalents for the second quarter were US$2.48 billion, and analysts expected US$2.7 billion. As a result of the Iran conflict, urea supply in the Middle East has been reduced by 4 million to 4.5 million tons.
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