CNX Resources Corp reports results for the quarter ended December 31 - Earnings Summary

• CNX Resources Corp CNX.N reported quarterly adjusted earnings of 57 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 67 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 38 cents per share. Wall Street expected results to range from 6 cents to 75 cents per share.

• Revenue fell 86.3% to $136.58 million from a year ago; analysts expected $427.56 million.

• CNX Resources Corp's reported EPS for the quarter was a loss of 97 cents​.

• The company reported a quarterly loss of $144.62 million.

• CNX Resources Corp shares had fallen by 24.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.8% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy," 7 "hold" and 8 "sell" or "strong sell."

• The average consensus recommendation for the oil & gas exploration and production peer group is also "sell"

Wall Street's median 12-month price target for CNX Resources Corp is $30.50

This summary was machine generated from LSEG data January 30 at 02:19 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)