CVR Energy Inc expected to post a loss of 22 cents a share - Earnings Preview

CVR Energy

26/07/2024 22:25

* CVR Energy Inc  CVI.N   CVI  is expected to show a fall in
quarterly revenue when it reports  results on July 29 for the
period ending June 30 2024
    * The Sugar Land Texas-based  company is expected to report
a
19.7% decrease in revenue to $1.796 billion from $2.24 billion a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for CVR Energy Inc is for a
loss
of 22 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and 3 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for CVR Energy
Inc is
$26.00​, below​ its last closing price of $27.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.19        0.18       0.04      Missed  -77.8
 Dec. 31 2024  0.32        0.34       0.65      Beat    92.8
 Sep. 30 2023  1.94        1.93       1.89      Missed  -2.1​
 Jun. 30 2023  1.18                   1.65              36.7
 ​​Mar.        1.12        1.04       1.44      Beat    38.5
 31 2023                                                
 Dec. 31 2022  1.50        1.49       1.68      Beat    13.1​
 Sep. 30 2022  1.88        1.90       1.90      Met     -0.1
 Jan. 1 0001   2.33        2.30       2.45      Beat    6.6
 This summary was machine generated July 26 at 21:25 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)