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CNX Resources Corporation. (CNX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
CNXCNX Resources(CNX) ZACKS·2025-04-17 15:07

Company Overview - CNX Resources Corporation (CNX) is expected to report a year-over-year increase in earnings due to higher revenues for the quarter ended March 2025, with a consensus outlook indicating a positive earnings picture [1] - The upcoming earnings report is scheduled for April 24, and the stock may react positively if key numbers exceed expectations, while a miss could lead to a decline [2] Earnings Estimates - The Zacks Consensus Estimate anticipates quarterly earnings of 0.65pershare,reflectingayearoveryearincreaseof44.40.65 per share, reflecting a year-over-year increase of 44.4% [3] - Revenues are projected to be 495.56 million, representing a 30.1% increase from the same quarter last year [3] Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 1.26%, indicating a reassessment by analysts regarding the company's earnings prospects [4] - The Most Accurate Estimate for CNX is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -3.08%, suggesting a bearish outlook from analysts [10][11] Earnings Surprise Prediction - The Zacks Earnings ESP model compares the Most Accurate Estimate to the Zacks Consensus Estimate, with a positive Earnings ESP indicating a higher likelihood of an earnings beat [6][8] - However, a negative Earnings ESP reading does not necessarily predict an earnings miss, making it challenging to forecast outcomes with confidence [9] Historical Performance - In the last reported quarter, CNX Resources exceeded the expected earnings of 0.43persharebydelivering0.43 per share by delivering 0.57, resulting in a surprise of 32.56% [12] - The company has successfully beaten consensus EPS estimates in each of the last four quarters [13] Conclusion - While CNX Resources does not appear to be a strong candidate for an earnings beat based on current estimates, investors should consider other factors before making investment decisions [16]