Will These Numbers From CONSOL Energy Be Good Enough for You?
CONSOL Energy (NYS: CNX) is expected to report Q2 earnings July 26. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict CONSOL Energy's revenues will drop -16.6% and EPS will wane -59.2%.
The average estimate for revenue is $1.32 billion. On the bottom line, the average EPS estimate is $0.31.
Last quarter, CONSOL Energy recorded revenue of $1.43 billion. GAAP reported sales were 4.7% lower than the prior-year quarter's $1.44 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.42. GAAP EPS of $0.42 for Q1 were 50% lower than the prior-year quarter's $0.84 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 29.8%, 1,000 basis points worse than the prior-year quarter. Operating margin was 9.0%, 1,140 basis points worse than the prior-year quarter. Net margin was 7.1%, 620 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $5.54 billion. The average EPS estimate is $1.74.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 640 members rating the stock outperform and 46 members rating it underperform. Among 121 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 112 give CONSOL Energy a green thumbs-up, and nine 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 $47.77.
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Editor's note: A previous version of this article gave an incorrect date for when the company plans to report earnings.