Analysts expect that CONSOL Coal Resources LP (NYSE:CCR) will announce sales of $84.52 million for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for CONSOL Coal Resources’ earnings. The highest sales estimate is $88.50 million and the lowest is $80.40 million. CONSOL Coal Resources posted sales of $83.28 million in the same quarter last year, which would indicate a positive year over year growth rate of 1.5%. The business is expected to announce its next quarterly earnings report on Monday, May 7th.
On average, analysts expect that CONSOL Coal Resources will report full year sales of $84.52 million for the current financial year, with estimates ranging from $325.60 million to $427.00 million. For the next financial year, analysts anticipate that the firm will post sales of $345.26 million per share, with estimates ranging from $319.60 million to $365.89 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that follow CONSOL Coal Resources.
CONSOL Coal Resources (NYSE:CCR) last announced its quarterly earnings data on Tuesday, February 6th. The energy company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.03. The firm had revenue of $78.77 million during the quarter, compared to the consensus estimate of $79.74 million. CONSOL Coal Resources had a return on equity of 23.26% and a net margin of 10.56%.
CONSOL Coal Resources (NYSE CCR) opened at $14.75 on Tuesday. The stock has a market capitalization of $404.15, a price-to-earnings ratio of 10.17 and a beta of 1.27. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.70 and a quick ratio of 0.52. CONSOL Coal Resources has a 12 month low of $12.56 and a 12 month high of $18.00.
The company also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Thursday, February 8th were paid a dividend of $0.5125 per share. The ex-dividend date of this dividend was Wednesday, February 7th. This represents a $2.05 annualized dividend and a dividend yield of 13.90%. CONSOL Coal Resources’s payout ratio is 147.48%.
Several hedge funds have recently bought and sold shares of CCR. Advantage Investment Management LLC bought a new position in shares of CONSOL Coal Resources during the 4th quarter worth $100,000. Geode Capital Management LLC bought a new position in shares of CONSOL Coal Resources during the 4th quarter worth $457,000. Edge Advisors LLC bought a new position in shares of CONSOL Coal Resources during the 4th quarter worth $704,000. Renaissance Technologies LLC bought a new position in shares of CONSOL Coal Resources during the 4th quarter worth $718,000. Finally, Raffles Associates LP bought a new position in shares of CONSOL Coal Resources during the 4th quarter worth $988,000. Institutional investors own 25.55% of the company’s stock.
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CONSOL Coal Resources Company Profile
Consol Coal Resources LP, formerly CNX Coal Resources LP, is a producer of high-British thermal units (Btu) thermal coal. It is engaged in the management and development of coal operations of CONSOL Energy Inc (CONSOL Energy) in Pennsylvania. It holds interest in, and operational control over, CONSOL Energy’s Pennsylvania Mining Complex, which consists of three underground mines and related infrastructure that produce high-Btu bituminous thermal coal that is sold primarily to electric utilities in the eastern United States.
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