CONSOL Energy (CEIX) Set to Announce Quarterly Earnings on Thursday

CONSOL Energy (NYSE:CEIX) is scheduled to be releasing its earnings data before the market opens on Thursday, August 8th. Analysts expect CONSOL Energy to post earnings of $1.28 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

CONSOL Energy (NYSE:CEIX) last announced its earnings results on Tuesday, May 7th. The company reported $3.39 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $1.20. CONSOL Energy had a return on equity of 39.24% and a net margin of 21.57%. The firm had revenue of $565.00 million during the quarter, compared to analysts’ expectations of $516.85 million. During the same quarter in the previous year, the business earned $6.55 EPS. The company’s quarterly revenue was down 17.9% on a year-over-year basis. On average, analysts expect CONSOL Energy to post $12 EPS for the current fiscal year and $12 EPS for the next fiscal year.

CONSOL Energy Stock Performance

NYSE:CEIX opened at $89.50 on Wednesday. CONSOL Energy has a fifty-two week low of $70.66 and a fifty-two week high of $114.30. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.21 and a current ratio of 1.47. The stock’s fifty day moving average is $99.21 and its 200 day moving average is $91.01. The firm has a market capitalization of $2.63 billion, a PE ratio of 5.43 and a beta of 1.77.

Insider Transactions at CONSOL Energy

In other news, CEO James A. Brock sold 1,700 shares of the firm’s stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of $99.55, for a total transaction of $169,235.00. Following the transaction, the chief executive officer now directly owns 529,487 shares of the company’s stock, valued at $52,710,430.85. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, CEO James A. Brock sold 1,700 shares of the firm’s stock in a transaction on Thursday, June 27th. The stock was sold at an average price of $99.55, for a total transaction of $169,235.00. Following the transaction, the chief executive officer now owns 529,487 shares in the company, valued at $52,710,430.85. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO James A. Brock sold 5,400 shares of CONSOL Energy stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $98.21, for a total value of $530,334.00. Following the completion of the sale, the chief executive officer now owns 532,087 shares of the company’s stock, valued at $52,256,264.27. The disclosure for this sale can be found here. Corporate insiders own 2.10% of the company’s stock.

Analyst Ratings Changes

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

About CONSOL Energy

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.