CNX Resources Q1 Total Revenue And Other Operating Income $384.000M vs $398.068M Estimate
Portfolio Pulse from Benzinga Newsdesk
CNX Resources reported its Q1 total revenue and other operating income at $384 million, falling short of the $398.068 million estimate.
April 25, 2024 | 10:51 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
CNX Resources reported lower than expected Q1 revenue, with $384 million against a $398.068 million forecast.
Missing revenue estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price as expectations are not met.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100