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

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

CONSOL Energy Stock Down 1.5 %

Shares of CONSOL Energy stock traded down $1.33 during trading hours on Friday, reaching $86.55. The company’s stock had a trading volume of 24,709 shares, compared to its average volume of 534,394. CONSOL Energy has a one year low of $53.40 and a one year high of $114.30. The company has a market capitalization of $2.56 billion, a P/E ratio of 5.33 and a beta of 1.77. The stock’s fifty day simple moving average is $84.74 and its two-hundred day simple moving average is $92.21. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.16 and a current ratio of 1.35.

Insider Buying and Selling at CONSOL Energy

In other CONSOL Energy news, CAO John Rothka sold 2,000 shares of CONSOL Energy stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $94.56, for a total value of $189,120.00. Following the sale, the chief accounting officer now owns 13,108 shares of the company’s stock, valued at $1,239,492.48. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 2.10% of the company’s stock.

Analyst Ratings Changes

Separately, B. Riley decreased 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 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.