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Market News

CNX Resources Corp CNX.N expected to post earnings of 37 cents a share - Earnings Preview
23-Apr-24 06:47

    * CNX Resources Corp CNX.N CNX is expected to show a

fall in

quarterly revenue when it reports  results on April 25 for the

period ending March 31 2024

    * The Canonsburg Pennsylvania-based  company is expected to

report

a 68.8% decrease in revenue to $398.068 million from $1.28

billion a year ago, according to the mean estimate from 8

analysts, based on LSEG data.

    * ​LSEG's mean analyst estimate for CNX Resources Corp is

for

earnings of 37 cents per share.

    * The current average analyst rating on the shares is "hold"

and

the breakdown of recommendations is 2 "strong buy" or "buy," 8

"hold" and 2 "sell" or "strong sell."  

    * The mean earnings estimate of analysts had fallen by

about 1.3%

in the last three months. ​

    * Wall Street's median 12-month price target for CNX

Resources

Corp is $25.00​, above​ its last closing price of $24.10. ​​​

Previous quarterly performance (using preferred earnings measure

in US dollars). ​

QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI

ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %

               E®                               MISSED  

Dec. 31 2023  0.29        0.29       0.67      Beat    133.9

Sep. 30 2023  0.32        0.32       0.35      Beat    10

Jun. 30 2023  0.28        0.31       0.30      Missed  -2.7​

Mar. 31 2023  0.48        0.51       0.55      Beat    6.9

​​Dec.        0.60        0.58       1.64      Beat    182.1

31 2022                                                

Sep. 30 2022  0.72        0.76       -0.53     Missed  -169.6

                                                        ​

Jun. 30 2022  0.76        0.77       0.61      Missed  -20.3

Mar. 31 2022  0.62        0.57       0.79      Beat    37.4

This summary was machine generated April 23 at 10:47 GMT.  All

figures in US dollars unless otherwise stated. (For questions

concerning the data in this report, contact

Estimates.Support@lseg.com. For any other questions or feedback,

contact RefinitivNewsSupport@thomsonreuters.com)

Market Information above is provided by third party service provider   Disclaimer