CVR Partners, LP (NYSE:UAN) is set to announce third quarter earning results on Monday 2nd November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, UAN to report 3Q20 loss of $ 0.33 per share from revenue of $ 68.44 million.
For the full year, analysts anticipate top line of $ 334.60 million, while looking forward to loss of $ 0.71 per share bottom line.
Previous Quarter Performance
CVR Partners, LP unveiled loss for the second quarter of $ 0.01 per share, from the revenue of $ 105.09 million. The quarterly revenues shrunk 23.66 percent compared with the same quarter last year. Street analysts expected CVR Partners, LP to report loss of $ 0.01 per share on revenue of $ 107.30 million for the second quarter. The top line results fell short of analysts by $ 2.21 million or 2.06 percent.
Stock Performance
On Friday, shares of CVR Partners, LP has traded high as $ 0.69 and has cracked $ 0.64 on the downward trend, reaching $ 0.65 with volume of 109.00 thousand shares.
According to the previous trading day, closing price of $ 0.65, representing a 11.67 % increase from the 52 week low of $ 0.60 and a 80.12 % decrease over the 52 week high of $ 3.37.
The company has a market capital of $ 72.31 million and is part of the Basic Materials sector and Agricultural Inputs industry.
CVR Partners, LP produces, distributes, and markets nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial customers; and urea and ammonium nitrate products to agricultural customers, as well as retailers and distributors. CVR GP, LLC serves as the general partner of the company.
