CVR Partners, LP (UAN) Reports In-Line Q1 EPS

CVR Partners, LP (NYSE: UAN) reported Q1 EPS of $0.25, in-line with the analyst estimate of $0.25. Revenue for the quarter came in at $73.1 million versus the consensus estimate of $68.62 million.

"CVR Partners reported strong operational results for the 2016 first quarter," said Mark Pytosh, chief executive officer. "Our Coffeyville fertilizer plant continued to operate well following last year's turnaround and has maintained its performance since posting record production rates for the fourth quarter of 2015.

"Through April, we have seen steady demand for nitrogen fertilizer to meet the expected substantial spring planting of corn acres in the United States," Pytosh said.

"On April 1, the Partnership completed its acquisition of Rentech Nitrogen Partners, L.P.," he continued. "We are confident in the strategic benefits of the combination and remain focused on delivering the synergies that were outlined in our August announcement."

For earnings history and earnings-related data on CVR Partners, LP (UAN) click here.

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