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
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100