CNX Reports First Quarter Results and Provides Strategic Long-Term Plan Update
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
CNX Resources (CNX) Reports Q1 Loss of $1.76, Revenues Beat
April 27, 2020 6:48 AM EDTCNX Resources (NYSE: CNX) reported Q1 EPS of ($1.76), versus ($0.44) reported last year. Revenue for the quarter came in at $416.36 million versus the consensus estimate of $377.13 million.
During the first quarter of 2020:
Reported a Net loss attributable to CNX shareholders of $329 million, or a loss of $1.76 per diluted share compared to a first quarter 2019 Net loss attributable to CNX shareholders of $87 million, or a loss of $0.44 per diluted share. The first quarter 2020 included non-cash impairment charges of $473 million for goodwill attributable to the midstream reporting unit and $62 million related to Southwestern Pennsylvania coalbed methane... More