CVR Energy Inc reports results for the quarter ended December 31 - Earnings Summary

CVR Energy

18/02/2025 22:42

* CVR Energy Inc  CVI.N  reported a quarterly adjusted loss
of 13
cents​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of 65
cents.  The mean expectation of seven analysts for the quarter
was for a loss of 63 cents per share. Wall Street expected
results to range from -70 cents to -52 cents per share.
    * Revenue fell 11.6% to $1.95 billion from a year ago;
analysts
expected $1.88 billion. 
    * CVR Energy Inc's reported EPS for the quarter was 28
cents​.
    * The company reported quarterly net income of $28 million.
    * CVR Energy Inc shares had fallen by 1.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 417.8% in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and 4 "sell" or "strong sell." 
    * The average consensus recommendation for the oil & gas
refining
and marketing peer group is also "sell"

Wall Street's median 12-month price target for CVR Energy Inc is
$20.00 
This summary was machine generated from LSEG data February 18 at
10:42 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.63          -0.13          Beat
 Sep. 30 2024      -0.09          -0.50          Missed
 Jun. 30 2024      -0.22          0.09           Beat
 Mar. 31 2024      0.18           0.04           Missed