CNX Coal Resources LP Reports 14% Increase In Q4 Profit

(RTTNews) - CNX Coal Resources LP (CNXC) reported earnings for its fourth quarter that climbed from last year.

The company said its bottom line climbed to $9.68 million, or $0.41 per share. This was up from $8.50 million, or $0.37 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.57 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 24.0% to $84.29 million. This was up from $67.98 million last year.

CNX Coal Resources LP earnings at a glance:

-Earnings (Q4): $9.68 Mln. vs. $8.50 Mln. last year. -Earnings Growth (Y-o-Y): 13.9% -EPS (Q4): $0.41 vs. $0.37 last year. -EPS Growth (Y-o-Y): 10.8% -Analysts Estimate: $0.57 -Revenue (Q4): $84.29 Mln vs. $67.98 Mln last year. -Revenue Change (Y-o-Y): 24.0%