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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Cvr Energy has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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]