CVR Energy Inc. (CVI) Set to Announce Quarterly Earnings on Wednesday

CVR Energy Inc. (NYSE:CVI) will announce its earnings results before the market opens on Wednesday, October 25th. Analysts expect the company to announce earnings of $0.29 per share for the quarter.

CVR Energy (NYSE:CVI) last released its quarterly earnings results on Thursday, July 27th. The oil and gas company reported ($0.04) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.11) by $0.07. CVR Energy had a return on equity of 2.10% and a net margin of 0.44%. The business had revenue of $1.43 billion for the quarter. On average, analysts expect CVR Energy to post $0.89 EPS for the current fiscal year and $1.13 EPS for the next fiscal year.

Shares of CVR Energy Inc. (NYSE:CVI) opened at 27.63 on Wednesday. CVR Energy Inc. has a 52-week low of $12.03 and a 52-week high of $28.45. The stock has a market cap of $2.40 billion, a P/E ratio of 100.84 and a beta of 1.65. The firm’s 50-day moving average price is $24.49 and its 200-day moving average price is $21.35.

CVI has been the topic of several analyst reports. ValuEngine downgraded shares of CVR Energy from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 5th. BidaskClub upgraded shares of CVR Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th.

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About CVR Energy

CVR Energy, Inc (CVR Energy) is a holding company. The Company is engaged in the petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP (CVR Refining or the Refining Partnership) and CVR Partners LP (CVR Partners or the Nitrogen Fertilizer Partnership). It operates under two business segments: petroleum (the petroleum and related businesses operated by the Refining Partnership) and nitrogen fertilizer (the nitrogen fertilizer business operated by the Nitrogen Fertilizer Partnership).

Earnings History for CVR Energy (NYSE:CVI)

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