CVR Energy (CVI) Misses Q1 EPS by 9c

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CVR Energy Reports 2015 First Quarter Results And Announces Cash Dividend of 50 Cents

April 30, 2015 8:30 AM EDT

SUGAR LAND, Texas, April 30, 2015 /PRNewswire/ -- CVR Energy, Inc. (NYSE: CVI) today announced first quarter 2015 net income of $54.9 million, or 63 cents per diluted share, on net sales of $1,388.9 million, compared to net income of $126.7 million, or $1.46 per diluted share, on net sales of $2,447.4 million for the 2014 first quarter.

First quarter 2015 adjusted EBITDA, a non-GAAP financial measure, was $163.7 million, compared to first quarter 2014 adjusted EBITDA of $154.1 million.

"CVR Energy's 2015 first quarter results reflect the solid financial and operational performance of our... More