CONSOL Energy (NYSE: CNX ) reported earnings on April 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), CONSOL Energy met expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue dropped. Non-GAAP earnings per share dropped significantly. GAAP earnings per share contracted to a loss.
Margins dropped across the board.
CONSOL Energy reported revenue of $1.29 billion. The 11 analysts polled by S&P Capital IQ anticipated revenue of $1.28 billion on the same basis. GAAP reported sales were 6.1% lower than the prior-year quarter's $1.37 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.19. The 24 earnings estimates compiled by S&P Capital IQ averaged $0.20 per share. Non-GAAP EPS of $0.19 for Q1 were 55% lower than the prior-year quarter's $0.42 per share. GAAP EPS were -$0.01 for Q1 against $0.42 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 25.6%, 420 basis points worse than the prior-year quarter. Operating margin was 4.0%, 500 basis points worse than the prior-year quarter. Net margin was -0.1%, 720 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $1.21 billion. On the bottom line, the average EPS estimate is $0.15.
Next year's average estimate for revenue is $4.98 billion. The average EPS estimate is $0.87.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 629 members out of 678 rating the stock outperform, and 49 members rating it underperform. Among 121 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 107 give CONSOL Energy a green thumbs-up, and 14 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CONSOL Energy is outperform, with an average price target of $40.32.
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