logo
Share SHARE
FONT-SIZE Plus   Neg

CVR Energy Q4 Profit Surges - Quick Facts

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
'Booth babes' will not be seen at the RSA Conference scheduled to be held next month, as the exhibitors have added a new clause to its rules that ban revealing clothes. Although, RSA did not use the term "booth babe," its contract clearly explains that staff deployed at booths should wear business... Election fever has gripped the UK as Prime Minister David Cameron on Monday urged his people to prudently choose either a prosperous future under his Conservative Party or economic ruin under the Labour Party headed by Ed Miliband. Fast food giant McDonald's Corp. (MCD), reportedly plans to serve its breakfast menu for the whole day. According to a CNBC report citing analysts from Janney Capital Markets, McDonald's is planning to test serve breakfast for the whole day at select locations starting in the next few months. "Our...
comments powered by Disqus
Follow RTT