CNX Resources Swings to Q4 Loss, Revenue Falls

MT Newswires Live

01/30

CNX Resources (CNX) reported a Q4 loss Thursday of $0.97 per diluted share, swinging from earnings of $2.76 a year earlier.

Analysts polled by FactSet expected earnings of $0.42.

Revenue for the quarter ended Dec. 31 was $136.58 million, down from $968.77 million a year earlier.

Analysts surveyed by FactSet expected $434 million.

Shares of the natural gas company were up more than 4% in Thursday's premarket activity.

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