CONSOL Energy, Inc. First Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component CONSOL Energy, Inc. (NYSE:CNX) will unveil its latest earnings on Thursday, April 26, 2012. Consol Energy is a coal and gas energy producer and energy services provider that mainly serves the electric power generation industry in the United States.

CONSOL Energy, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 56 cents per share, a decline of 33.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 79 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 56 cents during the last month. Analysts are projecting profit to rise by 30.3% versus last year to $2.12.

Past Earnings Performance: The company has beaten estimates the last two quarters and is coming off a quarter where it topped the forecasts by 7 cents, reporting profit of 71 cents per share against a mean estimate of net income of 64 cents. In the third quarter of the last fiscal year, the company exceeded forecasts by 6 cents with profit of 73 cents versus a mean estimate of net income of 67 cents.

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Wall St. Revenue Expectations: On average, analysts predict $1.38 billion in revenue this quarter, a decline of 6.1% from the year-ago quarter. Analysts are forecasting total revenue of $5.41 billion for the year, a decline of 11.6% from last year’s revenue of $6.12 billion.

Analyst Ratings: Analysts are optimistic about this stock, with 16 analysts rating it as a buy, one rating it as a sell and four rating it as a hold.

A Look Back: In the fourth quarter of the last fiscal year, profit rose 87.3% to $195.6 million (85 cents a share) from $104.5 million (47 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 13.6% to $1.54 billion from $1.36 billion.

Key Stats:

On the top line, the company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters with an average increase of 16.9% each quarter.

Stock Price Performance: Between January 25, 2012 and April 20, 2012, the stock price fell $2.03 (-5.7%), from $35.75 to $33.72. The stock price saw one of its best stretches over the last year between July 12, 2011 and July 22, 2011, when shares rose for nine straight days, increasing 14% (+$6.69) over that span. It saw one of its worst periods between February 24, 2012 and March 6, 2012 when shares fell for eight straight days, dropping 9.4% (-$3.43) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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