CF Industries quarterly profit jumps 30 percent

NEW YORK Thu May 3, 2012 4:22pm EDT

NEW YORK May 3 (Reuters) - Fertilizer producer CF Industries Holdings Inc posted a 31 percent jump in quarterly profit on Thursday due to a jump in demand from farmers during the North American spring planting season.

For the quarter ended March 31, the company posted net income of $368.4 million, or $5.54 per share, compared with $282 million, or $3.91 per share, in the year-ago period.

Revenue rose 30 percent to $1.53 billion.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.