Consol Energy Q4 EPS Estimates Up Thanks to Analyst

Trending News ☀️

Consol Energy ($NYSE:CEIX) is an energy company with a focus on coal and natural gas. The company’s stock has been on the rise lately, thanks in part to analyst estimates for its fourth quarter EPS. According to the analyst, Consol Energy’s EPS for the fourth quarter of 2022 is expected to be higher than previously thought.

This is thanks to the company’s strong performance in recent quarters, which has led to increased investor confidence. Consol Energy is a company to watch in the coming months, as it looks poised to continue its strong performance and deliver shareholder value.

Earnings

Analysts are expecting good things from Consol Energy in the fourth quarter of the fiscal year thanks to the company’s strong performance in the third quarter. Consol Energy earned a total of 2006.1 million dollars in revenue in the third quarter, an increase of 59.1% over the same period last year. The company also posted net income of 391.3 million dollars, a significant increase over the previous year. Thanks to these strong results, analysts are expecting the company to continue to perform well in the fourth quarter.

Share Price

Thanks to a positive analyst report, Consol Energy‘s Q4 EPS estimates are up. Media coverage of the company has been mostly positive lately, and on Friday its stock opened at $65.3 and closed at $66.7, a 5.9% increase from its previous closing price of 63.0.

VI Analysis

Company fundamentals reflect its long term potential, as seen in the CONSOL ENERGY example. According to VI Risk Rating, CONSOL ENERGY is a medium risk investment in terms of financial and business aspects. VI App has detected 2 risk warnings in income sheet, balance sheet. Register on vi.app to check it out. This means that while the company has potential, there are some risks associated with investing in it.

However, with the help of VI App, investors can stay informed about these risks and make informed decisions.

VI Peers

The company’s competitors include PT Prima Andalan Mandiri Tbk, NACCO Industries Inc, and PT Delta Dunia Makmur Tbk.

– PT Prima Andalan Mandiri Tbk ($IDX:MCOL)

In 2022, PT Prima Andalan Mandiri Tbk had a market capitalization of 25.6 trillion rupiah and a return on equity of 66.4%. The company is a leading Indonesian provider of integrated logistics solutions. It offers a wide range of services, including transportation, warehousing, and distribution. The company has a strong focus on customer service and has a reputation for reliability and efficiency.

– NACCO Industries Inc ($NYSE:NC)

NACCO Industries, Inc. is a holding company, which engages in the mining, and consumer and industrial products businesses. It operates through the following segments: Mining, Consumer Products, and Industrial Products. The Mining segment comprises of coal mining operations. The Consumer Products segment consists of small appliances, specialty housewares, and gourmet cookware. The Industrial Products segment covers material handling products and other industrial equipment. The company was founded by Sherman Conger in 1919 and is headquartered in Cleveland, OH.

– PT Delta Dunia Makmur Tbk ($IDX:DOID)

Delta Dunia Makmur Tbk has a market cap of 3.18T as of 2022, a Return on Equity of 26.49%. The company is a leading provider of coal mining services in Indonesia. It is the largest producer of thermal coal in Indonesia and supplies coal to power plants and industrial customers in Indonesia and abroad.

Summary

Consol Energy is a coal and natural gas company headquartered in Pittsburgh, Pennsylvania. Investing in Consol Energy can be a good way to gain exposure to the coal and natural gas industries. Consol Energy has a strong balance sheet and a history of dividend payments, which can provide investors with some stability and income. In addition, Consol Energy has a large portfolio of assets and is well positioned to benefit from the continued demand for coal and natural gas.