CNX Resources Q3 2024 GAAP EPS $0.37 Beats $0.30 Estimate, Sales $424.210M Beat $388.497M Estimate
Portfolio Pulse from Benzinga Newsdesk
CNX Resources reported Q3 2024 earnings per share of $0.37, surpassing the analyst estimate of $0.30, marking a 208.33% increase from the previous year. Sales reached $424.210 million, exceeding the $388.497 million estimate and showing a 21.03% year-over-year growth.
October 24, 2024 | 10:48 am
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POSITIVE IMPACT
CNX Resources reported strong Q3 2024 results, with EPS of $0.37 beating estimates by 23.33% and sales of $424.210M exceeding expectations by 9.19%. This reflects significant year-over-year growth in both earnings and sales.
The strong earnings and sales performance, significantly beating analyst estimates, is likely to positively impact CNX's stock price in the short term. The substantial year-over-year growth further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100