CONSOL Energy Outruns Estimates Again

CONSOL Energy (NYS: CNX) reported earnings on Jan. 26. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), CONSOL Energy beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue increased, and GAAP earnings per share increased significantly.

Gross margins were steady, operating margins expanded, net margins grew.

Revenue details
CONSOL Energy recorded revenue of $1.54 billion. The 11 analysts polled by S&P Capital IQ predicted sales of $1.45 billion. Sales were 13% higher than the prior-year quarter's $1.36 billion.


Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
Non-GAAP EPS came in at $0.70. The 20 earnings estimates compiled by S&P Capital IQ averaged $0.62 per share on the same basis. GAAP EPS of $0.73 for Q4 were 83% higher than the prior-year quarter's $0.46 per share.


Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 37.1%, about the same as the prior-year quarter. Operating margin was 19.2%, 270 basis points better than the prior-year quarter. Net margin was 12.7%, 510 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.45 billion. On the bottom line, the average EPS estimate is $0.67.

Next year's average estimate for revenue is $5.82 billion. The average EPS estimate is $2.74.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 633 members out of 679 rating the stock outperform, and 46 members rating it underperform. Among 158 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 151 give CONSOL Energy a green thumbs-up, and seven give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CONSOL Energy is outperform, with an average price target of $59.91.

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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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