CONSOL Energy Q1 2024 GAAP EPS $3.39 Beats $2.37 Estimate
Portfolio Pulse from Benzinga Newsdesk
CONSOL Energy (NYSE:CEIX) reported Q1 2024 earnings of $3.39 per share, surpassing the analyst consensus estimate of $2.37 by 43.04%.
May 07, 2024 | 10:49 am
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CONSOL Energy reported a significant earnings beat for Q1 2024, with EPS of $3.39 against an estimate of $2.37.
Earnings beats typically lead to positive investor sentiment and can cause a short-term increase in stock price due to the company performing better than expected. CONSOL Energy's significant beat of analyst estimates by 43.04% is likely to be viewed very favorably by the market, potentially leading to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100