Wall Street analysts expect CONSOL Coal Resources LP (NYSE:CCR) to post earnings per share of $0.31 for the current quarter, according to Zacks. Two analysts have issued estimates for CONSOL Coal Resources’ earnings, with the highest EPS estimate coming in at $0.38 and the lowest estimate coming in at $0.24. CONSOL Coal Resources posted earnings of $0.07 per share in the same quarter last year, which suggests a positive year over year growth rate of 342.9%. The firm is expected to announce its next earnings report on Monday, October 29th.
According to Zacks, analysts expect that CONSOL Coal Resources will report full-year earnings of $2.30 per share for the current financial year, with EPS estimates ranging from $2.00 to $2.72. For the next financial year, analysts expect that the company will post earnings of $2.16 per share, with EPS estimates ranging from $1.80 to $2.80. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow CONSOL Coal Resources.
CONSOL Coal Resources (NYSE:CCR) last posted its quarterly earnings data on Thursday, August 2nd. The energy company reported $0.69 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.09. CONSOL Coal Resources had a return on equity of 27.24% and a net margin of 15.25%. The company had revenue of $98.06 million during the quarter, compared to analyst estimates of $97.65 million.
In related news, Director Consol Energy Inc. bought 5,036 shares of the stock in a transaction that occurred on Thursday, October 4th. The shares were bought at an average cost of $18.94 per share, for a total transaction of $95,381.84. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have purchased 128,867 shares of company stock worth $2,336,337 over the last quarter.
A hedge fund recently raised its stake in CONSOL Coal Resources stock. Wells Fargo & Company MN grew its holdings in CONSOL Coal Resources LP (NYSE:CCR) by 32,465.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,891 shares of the energy company’s stock after acquiring an additional 32,790 shares during the period. Wells Fargo & Company MN owned about 0.12% of CONSOL Coal Resources worth $458,000 as of its most recent filing with the Securities & Exchange Commission. 23.63% of the stock is owned by institutional investors.
CCR stock opened at $18.26 on Tuesday. CONSOL Coal Resources has a twelve month low of $12.56 and a twelve month high of $19.39. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.61 and a quick ratio of 0.44. The company has a market cap of $526.67 million, a P/E ratio of 9.48 and a beta of 1.42.
About CONSOL Coal Resources
CONSOL Coal Resources LP produces and sells high-Btu thermal coal in the Northern Appalachian Basin and the eastern United States. It owns a 25% undivided interest in the Pennsylvania mining complex, which consists of three underground mines and related infrastructure that produce high-Btu bituminous thermal coal located primarily in southwestern Pennsylvania.
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