Analysts expect CONSOL Coal Resources LP (NYSE:CCR) to announce sales of $87.10 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for CONSOL Coal Resources’ earnings, with the lowest sales estimate coming in at $85.20 million and the highest estimate coming in at $89.00 million. CONSOL Coal Resources posted sales of $82.47 million in the same quarter last year, which suggests a positive year over year growth rate of 5.6%. The business is scheduled to issue its next quarterly earnings report on Monday, July 30th.
On average, analysts expect that CONSOL Coal Resources will report full year sales of $313.13 million for the current financial year, with estimates ranging from $268.30 million to $345.10 million. For the next year, analysts forecast that the firm will post sales of $337.63 million per share, with estimates ranging from $331.00 million to $342.30 million. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for CONSOL Coal Resources.
CONSOL Coal Resources (NYSE:CCR) last posted its quarterly earnings results on Thursday, May 3rd. The energy company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.35. The company had revenue of $94.50 million for the quarter, compared to analyst estimates of $83.50 million. CONSOL Coal Resources had a net margin of 13.08% and a return on equity of 24.61%.
Large investors have recently bought and sold shares of the stock. Geode Capital Management LLC bought a new stake in CONSOL Coal Resources during the 4th quarter valued at $457,000. Wells Fargo & Company MN raised its holdings in CONSOL Coal Resources by 32,465.3% during the 1st quarter. Wells Fargo & Company MN now owns 32,891 shares of the energy company’s stock valued at $458,000 after buying an additional 32,790 shares during the last quarter. Renaissance Technologies LLC bought a new stake in CONSOL Coal Resources during the 4th quarter valued at $718,000. Deutsche Bank AG bought a new stake in CONSOL Coal Resources during the 4th quarter valued at $804,000. Finally, Mountain Lake Investment Management LLC raised its holdings in CONSOL Coal Resources by 4.5% during the 1st quarter. Mountain Lake Investment Management LLC now owns 575,000 shares of the energy company’s stock valued at $8,021,000 after buying an additional 25,000 shares during the last quarter. Institutional investors own 23.62% of the company’s stock.
CONSOL Coal Resources traded up $0.05, hitting $15.00, during mid-day trading on Friday, MarketBeat.com reports. 4,123 shares of the stock traded hands, compared to its average volume of 14,751. The stock has a market cap of $412.76 million, a P/E ratio of 10.27 and a beta of 1.32. CONSOL Coal Resources has a 12-month low of $12.56 and a 12-month high of $16.95. The company has a current ratio of 0.81, a quick ratio of 0.59 and a debt-to-equity ratio of 0.87.
CONSOL Coal Resources Company Profile
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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