SUGAR LAND, Texas (AP) _ CVR Energy Inc. (CVI) on Thursday reported fourth-quarter net income of $7.1 million, after reporting a loss in the same period a year earlier.
The Sugar Land, Texas-based company said it had profit of 8 cents per share. Earnings, adjusted for non-recurring gains, were 5 cents per share.
The diversified holding company posted revenue of $1.35 billion in the period.
For the year, the company reported profit of $24.7 million, or 28 cents per share. Revenue was reported as $4.78 billion.
CVR shares have declined 15 percent since the beginning of the year. The stock has decreased 20 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVI at https://www.zacks.com/ap/CVI
Keywords: CVR Energy, Earnings Report