CNX Resources' Q1 Swings to Loss, Revenue Falls

MT Newswires Live
24 Apr

CNX Resources (CNX) reported a Q1 loss Thursday of $1.34 per diluted share, swinging from a profit of $0.04 a year earlier.

Analysts polled by FactSet expected a profit of $0.64.

Revenue for the quarter ended March 31 was $82.4 million compared with $384.6 million a year earlier.

Analysts surveyed by FactSet expected $511.6 million.

Shares of the company were slightly lower in recent premarket activity.

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