CONSOL Energy (CEIX) to Release Quarterly Earnings on Tuesday

Posted by ABMN Staff on Nov 3rd, 2024

CONSOL Energy (NYSE:CEIX – Get Free Report) is set to release its earnings data before the market opens on Tuesday, November 5th. Analysts expect CONSOL Energy to post earnings of $3.16 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

CONSOL Energy (NYSE:CEIX – Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.68. CONSOL Energy had a return on equity of 30.50% and a net margin of 18.28%. The firm had revenue of $501.10 million for the quarter, compared to analysts’ expectations of $429.90 million. During the same period in the previous year, the firm earned $4.94 EPS. On average, analysts expect CONSOL Energy to post $12 EPS for the current fiscal year and $15 EPS for the next fiscal year.

CONSOL Energy Stock Down 1.5 %

CEIX stock opened at $109.31 on Friday. The business’s 50-day moving average price is $102.14 and its 200-day moving average price is $97.39. The stock has a market cap of $3.21 billion, a P/E ratio of 8.09 and a beta of 1.73. CONSOL Energy has a twelve month low of $75.43 and a twelve month high of $114.30. The company has a quick ratio of 1.31, a current ratio of 1.55 and a debt-to-equity ratio of 0.13.

CONSOL Energy Cuts Dividend

The firm also recently declared a Variable dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 30th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a yield of 0.5%. CONSOL Energy’s dividend payout ratio is presently 1.85%.

Wall Street Analyst Weigh In

Separately, B. Riley increased their price target on CONSOL Energy from $109.00 to $138.00 and gave the company a “buy” rating in a report on Monday, October 7th.

View Our Latest Research Report on CONSOL Energy

About CONSOL Energy

(Get Free Report)

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.