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UPDATE: CNX Coal Resources LP (CNXC) Misses Q2 EPS by 10c

July 31, 2017 4:31 PM
(Updated - July 31, 2017 4:32 PM EDT)

(updated to correct revenue number)

CNX Coal Resources LP (NYSE: CNXC) reported Q2 EPS of $0.40, $0.10 worse than the analyst estimate of $0.50. Revenue for the quarter came in at $82.472 million versus the consensus estimate of $80.15 million.

(emphasis Street Insider) "The second quarter of 2017 was a very strong operational quarter despite soft demand in most of our markets compared to the first quarter. This was the third consecutive quarter in which the Pennsylvania Mining Complex (PAMC) produced above a 27 million ton (6.75 million tons for CNXC's 25% undivided interest) annualized run rate. The quarter once again demonstrated our ability to deliver solid results under changing market conditions." said Jimmy Brock, Chief Executive Officer of CNX Coal Resources GP LLC (the "General Partner").

For earnings history and earnings-related data on CNX Coal Resources LP (CNXC) click here.

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