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SUGAR LAND, Texas, April 16, 2024 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI) plans to release its first quarter 2024 earnings results on Monday, April 29, after the close of trading on the New York Stock Exchange. The Company also will host a teleconference call on Tuesday, April 30, at 1 p.m. Eastern to discuss these results.
CVR (CVI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Here is how CVR Energy (CVI) and Saipem (SAPMF) have performed compared to their sector so far this year.
CVR (CVI) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Billionaire investor Carl Icahn developed a reputation as a corporate raider in the 1980s but is better known today as a shareholder activist. He buys large stakes in undervalued companies to push for changes, often through gaining seats on boards of directors.
Most stocks that pay a yield greater than the average among S&P 500 listed companies have failed to produce market-beating results. These three companies have been the exception to the rule.
CVR Energy (CVI) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $1.68 per share a year ago.
These unloved stocks yield between 6.9% and 21.4%. These are big dividends, but not the main reason we are discussing this ignored five today.
SUGAR LAND, Texas, Feb. 07, 2024 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI) plans to release its fourth quarter and full-year 2023 earnings results on Tuesday, February 20, after the close of trading on the New York Stock Exchange. The Company also will host a teleconference call on Wednesday, February 21, at 1 p.m. Eastern to discuss these results.
Carl Icahn holds a large stake in Icahn Enterprises L.P., and directly or indirectly in two other companies, CVR Energy and CVR Partners. IEP cut its distribution in half in August 2023 and faced short attacks, leading to an SEC investigation. CVR Energy and CVR Partners, both MLPs, also offer high-yield distributions and have performed better than IEP over the past 3 years.