ConturaEnergyInc . (CTRA) Expected to Post Earnings of $1.44 Per Share

Wall Street analysts expect ConturaEnergyInc . (NASDAQ:CTRA) to report $1.44 earnings per share (EPS) for the current quarter, according to Zacks. Two analysts have issued estimates for ConturaEnergyInc .’s earnings. The highest EPS estimate is $1.50 and the lowest is $1.37. The business is scheduled to report its next quarterly earnings report on Wednesday, August 21st.

On average, analysts expect that ConturaEnergyInc . will report full-year earnings of $6.49 per share for the current financial year, with EPS estimates ranging from $6.30 to $6.68. For the next financial year, analysts expect that the business will post earnings of $10.16 per share, with EPS estimates ranging from $4.65 to $20.90. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for ConturaEnergyInc ..

ConturaEnergyInc . (NASDAQ:CTRA) last released its earnings results on Wednesday, May 15th. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $3.60 by ($3.19). The company had revenue of $609.10 million for the quarter, compared to analyst estimates of $554.05 million. The firm’s quarterly revenue was up 26.3% on a year-over-year basis.

CTRA has been the subject of a number of analyst reports. B. Riley decreased their target price on shares of ConturaEnergyInc . from $92.00 to $80.00 and set a “buy” rating for the company in a research report on Thursday, May 16th. Seaport Global Securities initiated coverage on shares of ConturaEnergyInc . in a research report on Friday, May 3rd. They issued a “buy” rating and a $78.00 target price for the company. Finally, Zacks Investment Research downgraded shares of ConturaEnergyInc . from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 11th.

In other ConturaEnergyInc . news, CFO Charles Andrew Eidson sold 8,174 shares of the stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $58.36, for a total value of $477,034.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Kevin S. Crutchfield sold 5,600 shares of the stock in a transaction on Friday, March 1st. The shares were sold at an average price of $61.06, for a total transaction of $341,936.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 181,205 shares of company stock valued at $10,328,714.

Several hedge funds and other institutional investors have recently bought and sold shares of CTRA. Tibra Equities Europe Ltd acquired a new stake in ConturaEnergyInc . in the 1st quarter worth about $2,403,000. CAPROCK Group Inc. bought a new position in ConturaEnergyInc . in the 4th quarter valued at about $333,000. Graham Capital Management L.P. bought a new position in ConturaEnergyInc . in the 4th quarter valued at about $9,504,000. BlackRock Inc. bought a new position in ConturaEnergyInc . in the 4th quarter valued at about $45,598,000. Finally, Highbridge Capital Management LLC bought a new position in ConturaEnergyInc . in the 4th quarter valued at about $56,351,000.

ConturaEnergyInc . stock traded down $0.81 during mid-day trading on Friday, reaching $54.84. The company’s stock had a trading volume of 242 shares, compared to its average volume of 110,898. ConturaEnergyInc . has a 12 month low of $52.30 and a 12 month high of $81.00.

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.

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Earnings History and Estimates for ConturaEnergyInc   . (NASDAQ:CTRA)

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