CONSOL Energy (CEIX) Tops Q2 EPS by 102c, provides guidance

CONSOL Energy (NYSE: CEIX) reported Q2 EPS of $1.96, $1.02 better than the analyst estimate of $0.94. Revenue for the quarter came in at $501.1 million versus the consensus estimate of $429.9 million.

2024 Guidance and Outlook

Based on our current contracted position, estimated prices, production plans, and the effect of the FSK Bridge collapse, we are providing the following financial and operating performance guidance for full fiscal year 2024:

PAMC coal sales volume of 24.5-26.0 million tons
PAMC average coal revenue per ton sold expectation of $63.50-$66.50
PAMC average cash cost of coal sold per ton2 expectation of $37.50-$39.50
IMC coal sales volume of 700-900 thousand tons
Total capital expenditures of $165-$190 million

For earnings history and earnings-related data on CONSOL Energy (CEIX) click here.

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