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

CONSOL Energy (NYSE:CEIX - Get Free Report) announced its earnings results on Tuesday. The company reported $3.39 EPS for the quarter, beating analysts' consensus estimates of $2.19 by $1.20, Briefing.com reports. The company had revenue of $565.00 million during the quarter, compared to analysts' expectations of $516.85 million. CONSOL Energy had a return on equity of 49.80% and a net margin of 25.53%. CONSOL Energy's revenue for the quarter was down 17.9% on a year-over-year basis. During the same period last year, the business posted $6.55 EPS.

CONSOL Energy Stock Down 1.0 %

Shares of NYSE CEIX traded down $0.83 during mid-day trading on Wednesday, hitting $85.69. The company had a trading volume of 368,079 shares, compared to its average volume of 541,541. The company has a market capitalization of $2.54 billion, a PE ratio of 4.36 and a beta of 1.77. The business's 50-day simple moving average is $84.70 and its 200 day simple moving average is $92.24. CONSOL Energy has a 1-year low of $53.40 and a 1-year high of $114.30. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.35 and a quick ratio of 1.16.

Wall Street Analyst Weigh In

Separately, B. Riley lowered their price objective on shares of CONSOL Energy from $100.00 to $98.00 and set a "buy" rating for the company in a research note on Wednesday, April 10th.

Insider Buying and Selling

In other news, CAO John Rothka sold 2,000 shares of the business's stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $94.56, for a total transaction 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 sale was disclosed in a filing with the SEC, which is accessible through this link. 2.10% of the stock is currently owned by 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.