CONSOL Energy (NYSE:CEIX) Posts Quarterly Earnings Results, Beats Expectations By $1.20 EPS

CONSOL Energy (NYSE:CEIX) posted its quarterly earnings data on Tuesday. The company reported $3.39 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $1.20, Briefing.com reports. CONSOL Energy had a return on equity of 49.80% and a net margin of 25.53%. The company had revenue of $565.00 million for the quarter, compared to analyst estimates of $516.85 million. During the same period in the previous year, the firm earned $6.55 earnings per share. The firm’s quarterly revenue was down 17.9% on a year-over-year basis.

CONSOL Energy Trading Down 1.5 %

Shares of CONSOL Energy stock traded down $1.26 on Wednesday, reaching $85.26. 170,732 shares of the company’s stock were exchanged, compared to its average volume of 539,243. The company has a market capitalization of $2.52 billion, a P/E ratio of 4.33 and a beta of 1.77. CONSOL Energy has a 52 week low of $53.40 and a 52 week high of $114.30. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.16 and a current ratio of 1.35. The firm’s 50-day moving average is $84.63 and its two-hundred day moving average is $92.29.

Wall Street Analysts Forecast Growth

Separately, B. Riley dropped their target price on shares of CONSOL Energy from $100.00 to $98.00 and set a “buy” rating on the stock in a report on Wednesday, April 10th.

Insider Activity at CONSOL Energy

In other news, CAO John Rothka sold 2,000 shares of the firm’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $94.56, for a total value of $189,120.00. Following the completion of the transaction, the chief accounting officer now directly owns 13,108 shares of the company’s stock, valued at $1,239,492.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.10% of the stock is owned by corporate insiders.

CONSOL Energy Company Profile

CONSOL Energy Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company's PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users.