Consol Energy: 3Q Earnings Snapshot
CANONSBURG, Pa. (AP) _ Consol Energy Inc. (CEIX) on Tuesday reported third-quarter earnings of $4.3 million.
On a per-share basis, the Canonsburg, Pennsylvania-based company said it had net income of 16 cents.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share.
The coal company posted revenue of $333.3 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $343.9 million.
Consol Energy shares have fallen 56% since the beginning of the year. The stock has decreased 64% in the last 12 months.