CVR Energy Inc reports results for the quarter ended in September - Earnings Summary

CVR Energy

30/10/2023 22:47

* CVR Energy Inc  CVI.N  reported quarterly adjusted
earnings of
$1.89​​ per share for the quarter ended in September. The mean
expectation of seven analysts for the quarter was for earnings
of $1.93 per share.
    * Revenue fell 6.6% to $2.52 billion from a year ago;
analysts
expected $2.38 billion. 
    * CVR Energy Inc's reported EPS for the quarter was $3.51​.
    * The mean earnings estimate of analysts had risen by
about 88% in
the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * CVR Energy Inc shares had fallen by 8.9% this quarter and
gained 1.6% so far this year.
    * The company reported quarterly net income of $353 million.
    * Wall Street's median 12-month price target for CVR Energy
Inc is
$33.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 30 at 10:47 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.93           1.89           Missed
 Jun. 30 2023      1.21           1.65           Beat
 Mar. 31 2023      1.04           1.44           Beat
 Dec. 31 2022      1.49           1.68           Beat