CVR Energy Inc. (CVI: Quote) posted fourth-quarter net income attributable to stockholders of $65.9 million or $0.75 per share, up from $2.3 million, or $0.03 per share in the year ago quarter. Adjusted net income for the fourth quarter 2011 was $29.5 million, or $0.34 per share.
Net sales were $1.06 billion down from $1.15 billion in the fourth quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.38 per share on revenues of $1.02 billion for the quarter. Analysts' estimates typically exclude special items.
Click here to receive FREE breaking news email alerts for CVR Energy Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: email@example.com