CF Industries Holdings Q4 Preview
<p>Analysts at RBC Capital provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/CF'>CF Industries Holdings, Inc. (NYSE:CF)</a> ahead of its Q4 results, expecting the company to deliver a solid quarter with a positive outlook. </p>
<p>Nitrogen prices continued to strengthen during the quarter as European natural gas prices set record highs, resulting in temporary shut-downs and pushing up the global cost curve, which benefited the company as a North American producer using lower-cost natural gas along with higher production quarter-over-quarter after recovering from Hurricane Ida impacts in Q3. The company raised 2021 EBITDA guidance to $2.65-2.85 billion in early December, which implies around $1.2-1.3 billion EBITDA guidance for Q4.</p>
<p>The analysts believe nitrogen prices should stay relatively strong through 2022, with potential upside, which supports strong cash generation that can be deployed to share buybacks and investments into low-carbon ammonia growth.</p>

NYSE:CF