Market Overview

CONSOL Coal Resources: Q2 Earnings Insights

Share:

Shares of CONSOL Coal Resources (NYSE:CCR) we flat in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 154.90% over the past year to ($0.28), which missed the estimate of ($0.08).

Revenue of $33,827,000 declined by 62.27% from the same period last year, which missed the estimate of $40,500,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

CONSOL Coal Resources hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Aug 10, 2020

Time: 11:00 AM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1952/35979

Price Action

Company's 52-week high was at $14.92

52-week low: $3.54

Price action over last quarter: down 14.48%

Company Description

CONSOL Coal Resources LP is engaged in the thermal coal operations in Pennsylvania. The company's assets include interests in CONSOL energy's Pennsylvania mining complex, which consists of approximately three underground mines (Bailey Mine, Enlow Fork Mine, and Harvey Mine) and related infrastructure that produce bituminous thermal coal that is sold primarily to electric utilities in the eastern United States. All the operations of the group are conducted at a single mining complex located in the Northern Appalachian Basin in southwestern Pennsylvania.

 

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