On Monday, August 03, CVR Energy (NYSE: CVI) will release its latest earnings report. Benzinga's outlook for CVR Energy is included in the following report.
Earnings and Revenue
Sell-side analysts are expecting CVR Energy's loss per share to be near $0.42 on sales of $890.36 million. In the same quarter last year, CVR Energy reported EPS of $1.160 on revenue of $1.69 billion. If the company were to match the consensus estimate when it reports Monday, earnings would be down 136.21%. Sales would be down 17.56% on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Over the last 52-week period, shares are down 61.06%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. CVR Energy is scheduled to hold the call at 13:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/poe2cn3o
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