CF Industries (NYSE:CF) had a poor first quarter and earnings came in at a net loss of $4.4 million, or 9 cents a share, compared to $62.7 million, or $1.28 a share last year in the same quarter.
Revenue plunged to $502.4 million, a 26 percent drop.
In contrast, major rival Intrepid Potash (NYSE:IPI) had their profits in the first quarter increase by 21 percent.
Guidance for the next quarter has CF revenue estimated to rise strongly.
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