Core Natural Resources Shares Rise After Q2 Swings to Profit, Revenue Increases

MT Newswires Live

08/06

Core Natural Resources (CNR) shares rose 3.4% in early trading Thursday after its Q2 swung to a profit and revenue increased.

The company reported Q2 earnings Thursday of $2.51 per diluted share, swinging from a loss of $0.70 a year earlier.

Four analysts polled by FactSet expected $0.60.

Revenue for the quarter ended June 30 was $1.14 billion, up from $1.10 billion a year earlier.

Four analysts expected $1.11 billion.

Price: 86.50, Change: +2.81, Percent Change: +3.36

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