CVR Energy (CVI) Reports Q3 Loss, Lags Revenue Estimates

CVR Energy (CVI) came out with a quarterly loss of $0.50 per share versus the Zacks Consensus Estimate of a loss of$ 0.13. This compares to earnings of $1.89 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -284.62%. A quarter ago, it was expected that this diversified holding company would post a loss of$ 0.30 per share when it actually produced earnings of $0.09, delivering a surprise of 130%. Over the last four quarters, the ...