ConturaEnergyInc . (NASDAQ:CTRA) posted its earnings results on Wednesday. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.12 by ($3.71), MarketWatch Earnings reports. The business had revenue of $609.10 million during the quarter, compared to the consensus estimate of $554.05 million. The business’s revenue for the quarter was up 26.3% on a year-over-year basis.

Shares of ConturaEnergyInc . stock traded up $0.05 on Wednesday, reaching $55.53. 2,887 shares of the stock were exchanged, compared to its average volume of 108,121. ConturaEnergyInc . has a twelve month low of $53.22 and a twelve month high of $81.00.

CTRA has been the subject of several recent analyst reports. Zacks Investment Research raised ConturaEnergyInc . from a “sell” rating to a “hold” rating in a report on Tuesday, January 15th. Seaport Global Securities assumed coverage on ConturaEnergyInc . in a report on Friday, May 3rd. They set a “buy” rating and a $78.00 target price for the company.

In other ConturaEnergyInc . news, CEO Charles Andrew Eidson sold 1,191 shares of the business’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $59.00, for a total value of $70,269.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO James Scott Kreutzer sold 630 shares of the business’s stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $58.94, for a total value of $37,132.20. The disclosure for this sale can be found here. Insiders have sold 180,455 shares of company stock valued at $10,296,914 in the last ninety days.

A number of large investors have recently made changes to their positions in the business. Highbridge Capital Management LLC acquired a new position in ConturaEnergyInc . in the fourth quarter valued at approximately $56,351,000. BlackRock Inc. increased its position in shares of ConturaEnergyInc . by 15.4% in the first quarter. BlackRock Inc. now owns 800,594 shares of the company’s stock valued at $46,370,000 after buying an additional 106,989 shares in the last quarter. Solus Alternative Asset Management LP purchased a new stake in shares of ConturaEnergyInc . in the fourth quarter valued at approximately $50,743,000. Deutsche Bank AG purchased a new stake in shares of ConturaEnergyInc . in the fourth quarter valued at approximately $47,723,000. Finally, Alta Fundamental Advisers LLC purchased a new stake in shares of ConturaEnergyInc . in the fourth quarter valued at approximately $30,123,000.

ILLEGAL ACTIVITY WARNING: “ConturaEnergyInc . (CTRA) Issues Quarterly Earnings Results” was originally reported by Watch List News and is owned by of Watch List News. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The legal version of this piece of content can be accessed at https://www.watchlistnews.com/conturaenergyinc-ctra-issues-quarterly-earnings-results/3011333.html.

ConturaEnergyInc . Company Profile

Contura Energy, Inc extracts, processes, and markets steam and metallurgical coal to electric utilities, steel and coke producers, and industrial customers in the United States and internationally. The company operates in three segments: Central Appalachia Operations, Northern Appalachia Operations, and Trading and Logistics.

Featured Article: Average Daily Trade Volume – What It Means In Stock Trading

Earnings History for ConturaEnergyInc   . (NASDAQ:CTRA)

Receive News & Ratings for ConturaEnergyInc . Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ConturaEnergyInc . and related companies with MarketBeat.com's FREE daily email newsletter.