CONSOL Energy Q2 2024 GAAP EPS $1.96 Beats $0.94 Estimate
Portfolio Pulse from Benzinga Newsdesk
CONSOL Energy (NYSE:CEIX) reported Q2 2024 GAAP EPS of $1.96, significantly beating the analyst consensus estimate of $0.94 by 108.51%. However, this represents a 60.32% decrease from the $4.94 per share reported in the same period last year.
August 08, 2024 | 10:46 am
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CONSOL Energy (NYSE:CEIX) reported Q2 2024 GAAP EPS of $1.96, beating the analyst consensus estimate of $0.94 by 108.51%. Despite the significant beat, the EPS is down 60.32% from the same period last year.
The significant beat on analyst estimates is likely to have a positive short-term impact on the stock price. However, the year-over-year decrease in EPS may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100