CVR Energy (CVI) Tops Q3 EPS by 1c

CVR Energy (NYSE: CVI) reported Q3 EPS of $0.75, $0.01 better than the analyst estimate of $0.74. Revenue for the quarter came in at $2.28 billion versus the consensus estimate of $2.73 billion.

"Our third quarter results were primarily impacted by the downtime associated with a fire that occurred in late July at CVR Refining's Coffeyville refinery, which resumed operations in late August," said Jack Lipinski, CVR Energy's chief executive officer. "Even with the downtime, the Coffeyville and Wynnewood refineries posted combined total crude throughput of 176,367 barrels per day (bpd) for the quarter. At CVR Partners, realized fertilizer prices for the third quarter were in line with the company's expectations, while UAN production was somewhat lower than anticipated."

For earnings history and earnings-related data on CVR Energy (CVI) click here.

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