CNX Resources (CNX) Q4 Earnings Beat Estimates, Revenues Lag

CNX Resources Corporation (CNX) reported fourth-quarter 2023 operating earnings of 68 cents per share, which beat the Zacks Consensus Estimate of 27 cents by 151.9%. In the year-ago quarter, the company reported earnings of $1.64 per share.RevenuesFourth-quarter revenues of$ 376 million missed the Zacks Consensus Estimate of $391 million by 3.8%. The top line also decreased 9.6% from the prior-year quarter’s level of$ 416 million. Highlights of the ReleaseThe average selling price in the quarter was $2.57 p ...