CONSOL Energy (US:CEIX) ZACKSยท2024-10-29 15:06Company Overview - Consol Energy (CEIX) is expected to report a year-over-year increase in earnings of +1.6% with an EPS of $3.16, despite a revenue decline of 3% to $552.7 million for the quarter ended September 2024 [3][12] - The stock's price movement will largely depend on how actual results compare to these estimates, with the earnings report scheduled for November 5 [2][3] Earnings Estimates and Trends - The consensus EPS estimate has been revised down by 0.66% over the last 30 days, indicating a reassessment by analysts [4] - Consol Energy's Earnings ESP is currently at 0%, suggesting no recent changes in analyst estimates that differ from the consensus [10][11] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the likelihood of an earnings beat, but the predictive power is significant only for positive readings [7][8] - Consol Energy's combination of a 0% Earnings ESP and a Zacks Rank of 1 (Strong Buy) complicates the prediction of an earnings beat [11][16] Historical Performance - In the last reported quarter, Consol Energy exceeded the consensus EPS estimate of $1.28 by delivering earnings of $1.96, resulting in a surprise of +53.13% [12] - Over the past four quarters, the company has beaten consensus EPS estimates three times [13] Industry Context - Another player in the coal industry, Arch Resources (ARCH), is expected to report a significant year-over-year decline in earnings of -64.7% with an EPS of $1.38 and a revenue drop of 28% to $536 million [17] - Arch Resources has also seen a substantial revision of its EPS estimate down by 51.3% over the last 30 days, and it carries a Zacks Rank of 5 (Strong Sell) [18]