CONSOL Energy (CEIX) Set to Announce Earnings on Tuesday

CONSOL Energy (NYSE:CEIX - Get Free Report) will be posting its quarterly earnings results before the market opens on Tuesday, May 7th. Analysts expect CONSOL Energy to post earnings of $2.11 per share for the quarter. Parties that wish to register for the company's conference call can do so using this link.

CONSOL Energy (NYSE:CEIX - Get Free Report) last announced its earnings results on Tuesday, February 6th. The company reported $5.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.28 by $0.77. The firm had revenue of $649.90 million for the quarter, compared to analyst estimates of $608.90 million. CONSOL Energy had a return on equity of 49.80% and a net margin of 25.53%. The business's revenue was up 2.0% on a year-over-year basis. During the same quarter last year, the firm posted $3.89 EPS. On average, analysts expect CONSOL Energy to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

CONSOL Energy Price Performance

CEIX traded down $5.15 during midday trading on Tuesday, hitting $82.72. 439,405 shares of the company traded hands, compared to its average volume of 550,826. The company has a market capitalization of $2.45 billion, a price-to-earnings ratio of 4.31 and a beta of 1.76. The company has a current ratio of 1.35, a quick ratio of 1.16 and a debt-to-equity ratio of 0.14. The business has a 50 day simple moving average of $84.29 and a two-hundred day simple moving average of $93.32. CONSOL Energy has a 52-week low of $53.40 and a 52-week high of $114.30.

Insiders Place Their Bets

In other CONSOL Energy news, CAO John Rothka sold 2,000 shares of the business's stock in a transaction that occurred on Thursday, March 7th. The shares were 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 owns 13,108 shares in the company, valued at approximately $1,239,492.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 2.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Separately, B. Riley reduced 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.

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.