Wall Street brokerages expect that CVR Partners LP (NYSE:UAN) will report earnings per share (EPS) of ($0.24) for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for CVR Partners’ earnings. CVR Partners reported earnings per share of ($0.03) in the same quarter last year, which indicates a negative year over year growth rate of 700%. The company is expected to announce its next earnings results on Thursday, July 26th.
According to Zacks, analysts expect that CVR Partners will report full-year earnings of ($0.69) per share for the current financial year. For the next fiscal year, analysts expect that the business will post earnings of ($0.45) per share. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for CVR Partners.
CVR Partners (NYSE:UAN) last issued its earnings results on Thursday, April 26th. The basic materials company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.08). The firm had revenue of $79.90 million for the quarter. CVR Partners had a negative return on equity of 14.40% and a negative net margin of 25.08%.
A number of brokerages recently commented on UAN. Cowen upgraded shares of CVR Partners from a “market perform” rating to an “outperform” rating in a research note on Monday, March 5th. ValuEngine upgraded shares of CVR Partners from a “sell” rating to a “hold” rating in a research note on Saturday, June 2nd.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MYDA Advisors LLC acquired a new position in CVR Partners in the fourth quarter valued at $193,000. UBS Group AG boosted its stake in CVR Partners by 39.1% in the first quarter. UBS Group AG now owns 86,110 shares of the basic materials company’s stock valued at $279,000 after acquiring an additional 24,191 shares in the last quarter. Deutsche Bank AG boosted its stake in CVR Partners by 283.4% in the fourth quarter. Deutsche Bank AG now owns 98,795 shares of the basic materials company’s stock valued at $323,000 after acquiring an additional 73,028 shares in the last quarter. LPL Financial LLC boosted its stake in CVR Partners by 79.9% in the fourth quarter. LPL Financial LLC now owns 139,464 shares of the basic materials company’s stock valued at $457,000 after acquiring an additional 61,935 shares in the last quarter. Finally, Virtu Financial LLC boosted its stake in CVR Partners by 568.7% in the fourth quarter. Virtu Financial LLC now owns 157,391 shares of the basic materials company’s stock valued at $516,000 after acquiring an additional 133,855 shares in the last quarter. Institutional investors own 32.50% of the company’s stock.
Shares of CVR Partners opened at $3.07 on Friday, Marketbeat reports. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.75 and a quick ratio of 1.02. CVR Partners has a 12 month low of $2.58 and a 12 month high of $4.20.
CVR Partners Company Profile
CVR Partners, LP produces, distributes, and markets nitrogen fertilizer products in the United States. It offers ammonia products for agricultural and industrial customers; and urea ammonium nitrate products to agricultural customers, as well as retailers and distributors. CVR GP, LLC serves as the general partner of the company.
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