CVR Refining, LP (NYSE:CVRR) is set to post its quarterly earnings results before the market opens on Wednesday, July 26th. Analysts expect CVR Refining, to post earnings of $0.32 per share for the quarter.

CVR Refining, (NYSE:CVRR) last posted its quarterly earnings data on Thursday, April 27th. The oil and gas company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.42. The company had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.25 billion. CVR Refining, had a return on equity of 11.43% and a net margin of 2.99%. CVR Refining,’s revenue for the quarter was up 70.7% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.46) earnings per share. On average, analysts expect CVR Refining, to post $0.64 EPS for the current fiscal year and $0.59 EPS for the next fiscal year.

CVR Refining, LP (CVRR) opened at 9.05 on Wednesday. The stock’s 50 day moving average price is $9.44 and its 200 day moving average price is $10.09. The firm has a market capitalization of $1.34 billion, a PE ratio of 8.89 and a beta of 1.33. CVR Refining, LP has a 52-week low of $5.50 and a 52-week high of $12.55.

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Several research firms have recently weighed in on CVRR. Zacks Investment Research lowered CVR Refining, from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Citigroup Inc. reduced their target price on CVR Refining, from $11.00 to $10.00 and set a “neutral” rating for the company in a research note on Monday. ValuEngine upgraded CVR Refining, from a “buy” rating to a “strong-buy” rating in a research note on Friday, July 7th. BidaskClub downgraded CVR Refining, from a “hold” rating to a “sell” rating in a research note on Thursday, June 22nd. Finally, Credit Suisse Group downgraded CVR Refining, from an “outperform” rating to a “neutral” rating and set a $10.00 target price for the company. in a research note on Tuesday, June 20th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a strong buy rating to the company’s stock. CVR Refining, currently has a consensus rating of “Hold” and a consensus target price of $9.63.

CVR Refining, Company Profile

CVR Refining, LP is an independent downstream energy limited partnership with refining and related logistics assets that operates in the mid-continent region. The Company is a petroleum refiner. It owned and operated a complex full coking medium-sour crude oil refinery in Coffeyville, Kansas with a rated capacity of 115,000 barrels per calendar day (bpcd) and a complex crude oil refinery in Wynnewood, Oklahoma with a rated capacity of 70,000 bpcd capable of processing 20,000 bpcd of light sour crude oils (within its rated capacity of 70,000 bpcd), as of December 31, 2016.

Earnings History for CVR Refining, (NYSE:CVRR)

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