earnings
confidence high
sentiment negative
materiality 0.85
CONSOL Energy Q1 GAAP net income $101.9M, EPS $3.39; Baltimore bridge disrupts terminal
Core Natural Resources, Inc.
2024-Q1 EPS reported
$3.39
revenue$565,042,000
- GAAP net income $101.9M, diluted EPS $3.39; adjusted EBITDA $181.8M.
- PAMC produced 6.5M tons despite three longwall moves; coal revenue $416.2M vs $563.3M YoY.
- Baltimore bridge collapse blocked vessel access to CONSOL Marine Terminal; permanent channel expected by end of May.
- Repurchased 440K shares for $36.9M, using 89% of free cash flow; no dividend declared.
- FY2024 guidance: PAMC sales 24-26M tons, avg revenue $62.50-$66.50/ton, Itmann sales 700-900K tons.