CVR Energy Earnings Preview: Can This Streak Continue?
Cvr Energy (NYSE:CVI) will report earnings after markets close on Wednesday, May 1st. CVR Energy, Inc. is an independent refiner and marketer of transportation fuels. The Company, also through a limited partnership produces ammonia and urea ammonia nitrate, or UAN, fertilizers.
Here is your Cheat Sheet to Cvr Energy Earnings:
Earnings Expectations: Analysts expect earnings of $1.48 per share on revenues of $2.19 billion. Currently, the company’s P/E ratio stands at 11.64.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $2.04 to a profit $1.6. For the current year, the average estimate is a profit of $5.65, which is worse than the estimate ninety days ago.
Here’s how Cvr Energy has been performing on an annual basis:
|Revenue ($) in millions||5,016||3,136||4,080||5,029||8,567|
|Diluted EPS ($)||1.90||0.80||0.16||3.94||4.33|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||1,062||1,969||2,308||2,410||1,881|
|Diluted EPS ($)||0.7505||-0.29||1.75||2.41||0.4627|
Cvr Energy has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)