Published on 28 Apr 2023 on Zacks via Yahoo Finance

CONSOL Energy (CEIX) to Post Q1 Earnings: What's in Store?

CONSOL Energy CEIX is slated to release first-quarter 2023 results on May 2, before market open. CEIX delivered an earnings surprise of 10.83% in the last reported quarter.Let’s see how things have shaped up before the upcoming earnings announcement.

Factors to Consider

CONSOL Energy’s first-quarter earnings are likely to have benefited from higher production volumes and an increase in average revenues per ton sold from the year-ago period. The completion of the fifth longwall at the Pennsylvania Mining Complex and the beginning of production at the fourth-quarter 2022-end are likely to have boosted the company’s performance in the first quarter.CEIX’s stable cash flow generation and use of the funds to reduce debts are likely to have lowered interest expenses and boosted the company’s first-quarter earnings.