ConturaEnergyInc . (CTRA) Posts Quarterly Earnings Results, Beats Estimates By $5.55 EPS

ConturaEnergyInc . (NASDAQ:CTRA) posted its earnings results on Monday, April 1st. The company reported $9.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.30 by $5.55, Briefing.com reports. The company had revenue of $572.08 million during the quarter, compared to the consensus estimate of $549.90 million. The business’s quarterly revenue was up 62.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $10.83 earnings per share.

NASDAQ:CTRA traded down $0.18 during mid-day trading on Wednesday, reaching $54.72. 107,511 shares of the stock were exchanged, compared to its average volume of 94,560. ConturaEnergyInc . has a 1-year low of $54.21 and a 1-year high of $81.00.

In other ConturaEnergyInc . news, insider Mark Matthew Manno sold 15,015 shares of the firm’s stock in a transaction dated Monday, February 11th. The stock was sold at an average price of $60.04, for a total transaction of $901,500.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Charles Andrew Eidson sold 7,840 shares of the firm’s stock in a transaction dated Tuesday, February 5th. The stock was sold at an average price of $63.82, for a total value of $500,348.80. The disclosure for this sale can be found here. Insiders sold a total of 161,424 shares of company stock worth $9,351,233 in the last three months.

Several institutional investors have recently made changes to their positions in CTRA. Royce & Associates LP acquired a new stake in shares of ConturaEnergyInc . during the 4th quarter valued at about $30,000. O Shaughnessy Asset Management LLC acquired a new stake in shares of ConturaEnergyInc . during the 4th quarter valued at about $240,000. Honeywell International Inc. acquired a new stake in shares of ConturaEnergyInc . during the 4th quarter valued at about $282,000. California Public Employees Retirement System acquired a new stake in shares of ConturaEnergyInc . during the 4th quarter valued at about $295,000. Finally, Partnervest Advisory Services LLC acquired a new stake in shares of ConturaEnergyInc . during the 4th quarter valued at about $299,000.

Separately, Zacks Investment Research raised ConturaEnergyInc . from a “sell” rating to a “hold” rating in a report on Wednesday, April 3rd.

ILLEGAL ACTIVITY NOTICE: This report was originally posted by Baseball Daily News and is owned by of Baseball Daily News. If you are accessing this report on another website, it was illegally copied and reposted in violation of United States & international copyright and trademark law. The legal version of this report can be read at https://www.baseballdailydigest.com/news/2019/04/24/conturaenergyinc-ctra-posts-earnings-results-beats-estimates-by-6-02-eps.html.

ConturaEnergyInc . Company Profile

Contura Energy, Inc extracts, processes, and markets steam and metallurgical coal to electric utilities, steel and coke producers, and industrial customers in the United States and internationally. The company operates in three segments: Central Appalachia Operations, Northern Appalachia Operations, and Trading and Logistics.

Further Reading: What is the NASDAQ Stock Market?

Earnings History for ConturaEnergyInc   . (NASDAQ:CTRA)

Receive News & Ratings for ConturaEnergyInc . Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ConturaEnergyInc . and related companies with MarketBeat.com's FREE daily email newsletter.