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CF Industries (CF) Stock Tumbles on Q2 Earnings Miss

NEW YORK (TheStreet) -- Shares of CF Industries (CF) were dropping 13.92% to $21.09 on Thursday morning after the company reported earnings that fell short of analysts' expectations.

After yesterday's closing bell, the Deerfield, IL-based agricultural fertilizer company posted adjusted earnings of 33 cents per diluted share, while analysts were looking for earnings of 68 cents per share.

Revenue for the quarter was $1.13 billion, in line with Wall Street's estimates.

"Our plants ran well and we set all-time records for production and sales volume while achieving healthy price realizations, despite...