CONSOL Energy Q2 2024 GAAP EPS $1.96 Beats $0.94 Estimate, Sales $501.100M Beat $429.900M Estimate
Portfolio Pulse from Benzinga Newsdesk
CONSOL Energy (NYSE:CEIX) reported Q2 2024 GAAP EPS of $1.96, significantly beating the $0.94 estimate. Sales were $501.1M, surpassing the $429.9M estimate. Despite these beats, both EPS and sales were down compared to the same period last year.
August 08, 2024 | 10:50 am
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CONSOL Energy reported Q2 2024 GAAP EPS of $1.96, beating the $0.94 estimate by 108.51%. Sales were $501.1M, surpassing the $429.9M estimate. Despite these beats, both EPS and sales were down compared to the same period last year.
The significant beat on both EPS and sales estimates is likely to have a positive short-term impact on CEIX's stock price. However, the year-over-year decline in both metrics may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100