CNX Coal Resources LP (CNXC) Misses Q3 EPS, Sales Beat

CNX Coal Resources LP (NYSE: CNXC) reported Q3 EPS of $0.07, $0.29 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $78.26 million versus the consensus estimate of $76.46 million.

Guidance and Outlook

Based on our year-to-date results, production plans, outlook for the coal markets, and improved visibility we are adjusting our previously provided guidance ranges for 2017:

• Coal sales of 6.50-6.75 million tons
• Adjusted EBITDA1 of $95-$102 million2
• Maintenance capital expenditures of $23-$27 million

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

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