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CVR Partners LP (UAN)
:UAN
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Earnings Data
Report Date
Feb 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0.94Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 24, 2018
|% Change Since: 20.95%
|Next Earnings Date:Jul 25, 2018
Earnings Call Sentiment|Neutral
The earnings call reflected a strong financial performance with increased prices for ammonia and UAN, high plant utilization, and a solid liquidity position. However, challenges such as unplanned downtime, potential geopolitical risks, and weaker corn prices were noted.Company Guidance
During the CVR Partners Q3 2024 earnings call, management provided guidance indicating robust operational performance and financial metrics. The company reported net sales of $125 million, a net income of $4 million, and EBITDA of $36 million. Additionally, ammonia plant utilization reached 97%, with 212,000 gross tons of ammonia produced, 61,000 net tons available for sale, and 321,000 tons of UAN produced. The Board declared a distribution of $1.19 per common unit, with total liquidity at $150 million, including $111 million in cash. Management anticipates fourth-quarter ammonia utilization to range between 92% and 97% and projects direct operating expenses, excluding inventory impacts, to be between $60 million and $70 million. Capital spending for the year is estimated at $39 million to $42 million. Looking ahead, management highlighted potential strategic projects, including a $10 million initiative to utilize natural gas as an alternative feedstock at the Coffeyville facility.Strong Financial Performance
Net sales of $125 million, net income of $4 million, and EBITDA of $36 million for Q3 2024. Distribution of $1.19 per common unit declared.
High Ammonia Plant Utilization
Consolidated ammonia plant utilization was 97% with total production of 212,000 gross tons.
Increase in Product Prices
Ammonia prices increased by 9% and UAN prices by 3% compared to Q3 2023. Strong demand led to further price increases in the summer.
Liquidity Position
Ended the quarter with total liquidity of $150 million, including $111 million in cash.
Potential Feedstock Flexibility
Progress on engineering studies to utilize natural gas as an alternative feedstock at the Coffeyville facility, potentially improving operational flexibility.
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UAN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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UAN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 28, 2024 | $69.40 | $68.96 | -0.63% |
| Jul 29, 2024 | $74.12 | $75.21 | +1.47% |
| Apr 29, 2024 | $76.89 | $75.35 | -2.00% |
| Feb 20, 2024 | $65.38 | $64.27 | -1.70% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does CVR Partners LP (UAN) report earnings?
CVR Partners LP (UAN) is schdueled to report earning on Feb 25, 2025, TBA Not Confirmed.
What is CVR Partners LP (UAN) earnings time?
CVR Partners LP (UAN) earnings time is at Feb 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UAN EPS forecast?
Currently, no data Available
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