Wall Street brokerages forecast that Consol Energy Inc (NYSE:CEIX) will report $1.18 earnings per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Consol Energy’s earnings. The highest EPS estimate is $1.41 and the lowest is $0.90. Consol Energy reported earnings of $1.58 per share during the same quarter last year, which would indicate a negative year over year growth rate of 25.3%. The business is expected to announce its next quarterly earnings report on Thursday, August 1st.

On average, analysts expect that Consol Energy will report full-year earnings of $3.67 per share for the current year, with EPS estimates ranging from $3.01 to $4.35. For the next financial year, analysts expect that the company will report earnings of $3.33 per share, with EPS estimates ranging from $2.30 to $4.66. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Consol Energy.

Consol Energy (NYSE:CEIX) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $1.21 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.79 by $0.42. Consol Energy had a return on equity of 24.27% and a net margin of 7.04%. The firm had revenue of $332.50 million during the quarter, compared to the consensus estimate of $366.50 million. During the same period last year, the company earned $2.20 earnings per share. The business’s revenue was down 5.3% compared to the same quarter last year.

A number of equities analysts have commented on the company. ValuEngine lowered Consol Energy from a “sell” rating to a “strong sell” rating in a research note on Thursday, May 9th. Zacks Investment Research upgraded Consol Energy from a “hold” rating to a “strong-buy” rating and set a $42.00 price objective on the stock in a research note on Wednesday, February 20th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $45.50.

Shares of CEIX traded down $0.12 during mid-day trading on Monday, reaching $25.10. The company’s stock had a trading volume of 1,607 shares, compared to its average volume of 229,504. The stock has a market cap of $693.01 million, a price-to-earnings ratio of 4.64 and a beta of 1.21. The company has a quick ratio of 0.84, a current ratio of 0.97 and a debt-to-equity ratio of 1.41. Consol Energy has a 1-year low of $24.78 and a 1-year high of $47.49.

Several institutional investors and hedge funds have recently modified their holdings of the company. Lancaster Investment Management LLP grew its holdings in shares of Consol Energy by 8.2% in the first quarter. Lancaster Investment Management LLP now owns 703,710 shares of the company’s stock valued at $24,081,000 after acquiring an additional 53,374 shares in the last quarter. AlphaCrest Capital Management LLC bought a new position in shares of Consol Energy in the first quarter valued at approximately $445,000. AJO LP grew its holdings in shares of Consol Energy by 7.7% in the first quarter. AJO LP now owns 140,717 shares of the company’s stock valued at $4,815,000 after acquiring an additional 10,120 shares in the last quarter. NumerixS Investment Technologies Inc bought a new position in shares of Consol Energy in the first quarter valued at approximately $136,000. Finally, O Shaughnessy Asset Management LLC grew its holdings in shares of Consol Energy by 37.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 30,046 shares of the company’s stock valued at $1,028,000 after acquiring an additional 8,175 shares in the last quarter. Institutional investors own 83.56% of the company’s stock.

About Consol Energy

CONSOL Energy Inc produces and exports bituminous coal. It owns and operates its mining operations in the Northern Appalachian Basin. The company owns and operates the Pennsylvania Mining Complex (PAMC), which comprises three underground mines, including Bailey, Enlow Fork, and Harvey; and CONSOL Marine Terminal located in the port of Baltimore.

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