CNX Resources Corporation reports results for the quarter ended September 30 - Earnings Summary

• CNX Resources Corporation CNX.N reported quarterly adjusted earnings of 61 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 49 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 60 cents per share. Wall Street expected results to range from 30 cents to 85 cents per share.

• Revenue fell 0.7% to $580.00 million from a year ago; analysts expected $483.81 million.

• CNX Resources Corporation's reported EPS for the quarter was $1.12​.

• The company reported quarterly net income of $165.24 million.

• CNX Resources Corporation shares had risen by 22.1% this quarter and gained 3.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.8% in the last three months.​

• In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 10 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is "buy."

• Wall Street's median 12-month price target for CNX Resources Corporation is $36.50, about 4.2% below its last closing price of $38.05

This summary was machine generated from LSEG data October 29 at 03:07 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)