Will CVR Partners, LP (NYSE:UAN) Beat Analysts View?

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CVR Partners, LP (NYSE:UAN) is set to announce second quarter earning results on Monday 3rd August 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, UAN to report 2Q20 loss of $ 0.01 per share.

For the full year, analysts anticipate top line of $ 336.13 million, while looking forward to loss of $ 0.69 per share bottom line.

Previous Quarter Performance

CVR Partners, LP came out with loss for the first quarter of $ 0.18 per share, from the revenue of $ 75.08 million. According to street consensus, UAN was expected to report 1Q20 loss of $ 0.21 per share from revenue of $ 76.57 million. The bottom line results beat street analysts by $ 0.03 or 14.29 percent, at the same time, top line results fell short of analysts by $ 1.49 million or 1.95 percent.

Historical Earnings Performance
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Stock Performance

According to the previous trading day, closing price of UAN was $ 1.00, representing a 66.67 % increase from the 52 week low of $ 0.60 and a 74.94 % decrease over the 52 week high of $ 3.99.

The company has a market capital of $ 113.28 million and is part of the Basic Materials sector and Agricultural Inputs industry.

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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.