Cloud Peak Energy (CLD) Posts Quarterly Earnings Results, Misses Estimates By $0.15 EPS

Cloud Peak Energy (NYSE:CLD) released its earnings results on Thursday. The mining company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.15), Yahoo Finance reports. The firm had revenue of $213.89 million during the quarter, compared to analyst estimates of $244.38 million. Cloud Peak Energy’s quarterly revenue was down 6.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.39 EPS.

Cloud Peak Energy (NYSE CLD) opened at $4.28 on Friday. Cloud Peak Energy has a 1 year low of $2.78 and a 1 year high of $6.24. The company has a market capitalization of $315.60, a P/E ratio of 52.50 and a beta of 1.80. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.61 and a current ratio of 2.14.

Several equities analysts have recently weighed in on CLD shares. Zacks Investment Research upgraded Cloud Peak Energy from a “hold” rating to a “buy” rating and set a $5.00 target price on the stock in a research report on Thursday, October 19th. BMO Capital Markets set a $5.00 target price on Cloud Peak Energy and gave the company a “hold” rating in a research report on Friday, October 27th. TheStreet upgraded Cloud Peak Energy from a “d+” rating to a “c-” rating in a research report on Friday, October 27th. B. Riley restated a “neutral” rating on shares of Cloud Peak Energy in a research report on Wednesday, November 1st. Finally, JPMorgan Chase & Co. downgraded Cloud Peak Energy from an “overweight” rating to a “neutral” rating in a research report on Monday, November 20th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $5.00.

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About Cloud Peak Energy

Cloud Peak Energy Inc is a producer of coal in the United States of America and the Powder River Basin (PRB). In the PRB, the Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. Its segments include Owned and Operated Mines, and Logistics and Related Activities.

Earnings History for Cloud Peak Energy (NYSE:CLD)

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