CF Industries Holdings Inc.’s first-quarter net income is expected to surge to $892 million compared to the year-ago $151 million, according to the Bloomberg Consensus, which averages the projections from major analytical firms. The actual range given by analysts was $759 million-$1.02 billion.
Adjusted EBITDA is forecast at $1.4 billion, up from the year-ago $398 million. The analyst range was $1.21-$1.68 billion.
Sales are expected to see a boost to $2.56 billion ($2.33-$2.89 billion) from the year-ago $1.05 billion.
CF’s first-quarter results are expected to be released after markets close on May 3.