CF Poised to rise
MOS, a major CF competitor, released phenomenal earnings and predicted prices would rise 48% in the next 3 months.
Shares have surged 8% in pre-opening.
* Earnings rose 11X from $0.10 to $1.17. And they beat expectations of $0.95
* Revenue rose 100%
The cost of inputs have also grown (ammonia and sulfur) but they have been easily absorbed and look poised to continue.
Like CF, MOS trades at ~10 P/E.
Shares have surged 8% in pre-opening.
* Earnings rose 11X from $0.10 to $1.17. And they beat expectations of $0.95
* Revenue rose 100%
The cost of inputs have also grown (ammonia and sulfur) but they have been easily absorbed and look poised to continue.
Like CF, MOS trades at ~10 P/E.
posted by Andrew at
5:54 AM
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