CONSOL Energy CEIX unveils its next round of earnings this Tuesday, August 03. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Net Income, Earnings, And Earnings Per Share
Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
Based on CONSOL Energy management projections, analysts predict EPS of $0.3 on revenue of $290.15 million. CONSOL Energy EPS in the same period a year ago totaled $0.69. Revenue was $162.56 million.
Why Analyst Estimates And Earnings Surprises Are Important
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
If the company were to match the consensus estimate when it reports Tuesday, EPS would be up 143.48%. Revenue would be up 78.49% on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
---|---|---|---|---|
EPS Estimate | 0.15 | 0.93 | -0.74 | -0.82 |
EPS Actual | 0.75 | 0.49 | -0.28 | -0.69 |
Revenue Estimate | 271.45 M | 342.10 M | 280.40 M | 150.70 M |
Revenue Actual | 342.15 M | 324.61 M | 184.07 M | 162.56 M |
Want Real-Time Earnings Calendar Updates?
Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.
Stock Performance
Shares of CONSOL Energy were trading at $21.01 as of July 30. Over the last 52-week period, shares are up 294.38%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. CONSOL Energy is scheduled to hold the call at 11:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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