CONSOL Energy Q2 EPS $4.94 Beats $4.43 Estimate, Sales $660.98M Beat $588.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
CONSOL Energy (NYSE:CEIX) reported Q2 earnings of $4.94 per share, beating the analyst consensus estimate of $4.43 by 11.51%. This is a 39.55% increase from the same period last year. The company also reported quarterly sales of $660.98 million, beating the analyst consensus estimate of $588.20 million by 12.37%. This is a 21.37% increase from the same period last year.
August 08, 2023 | 10:49 am
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CONSOL Energy's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
CONSOL Energy reported higher than expected earnings and sales for Q2, which is typically a positive signal for investors and can lead to an increase in the stock price. The significant increases from the same period last year further indicate strong financial performance.
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