Consol Energy Inc Reports Results For The Quarter Ended In June: Earnings Summary

Core Natural Resources

08/08/2024 14:32

* CONSOL Energy Inc  CEIX.N  reported quarterly adjusted
earnings
of $1.96​​ per share for the quarter ended in June, lower than
the same quarter last year, when the company reported EPS of
$4.94.  The mean expectation of three analysts for the quarter
was for earnings of $1.04 per share. Wall Street expected
results to range from 60 cents to $1.28 per share.
    * Revenue fell 24.2% to $501.12 million from a year ago;
analysts
expected $429.90 million. 
    * CONSOL Energy Inc's reported EPS for the quarter was
$1.96​.
    * The company reported quarterly net income of $58.06
million.
    * CONSOL Energy Inc shares had fallen by 13.3% this
quarter and
lost 12.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 11% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the coal peer
group is
also "buy"

Wall Street's median 12-month price target for CONSOL Energy Inc
is $105.00 
This summary was machine generated from LSEG data August 8 at
01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      1.04           1.96           Beat
 Mar. 31 2024      2.37           3.39           Beat
 Dec. 31 2023      4.90           5.05           Beat
 Sep. 30 2023      4.80           3.11           Missed