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How CNX Resources’ Stock Reacted to 1Q18 Earnings

Nicholas Chapman
How CNX Resources’ Stock Reacted to 1Q18 Earnings

CNX Resources (CNX) announced its 1Q18 earnings on May 3 before the market opened. In 1Q18, CNX Resources reported revenues of ~$496 million, better than the Wall Street analyst consensus of ~$394 million. In 1Q18, CNX reported adjusted profit of $0.19 per share, beating Wall Street analyst consensus for profit of $0.14 per share. To learn more about CNX’s net income and revenues, see parts 1 and 2 of this series.