CONTURA ENERGY (CTRA) Experiences Q3 Loss, Lags Income Estimates

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CONTURA ENERGY (CTRA) Experiences Q3 Loss, Lags Income Estimates

CONTURA ENERGY (CTRA) got here out with a quarterly lack of $2.29 per share versus the Zacks Consen


CONTURA ENERGY (CTRA) got here out with a quarterly lack of $2.29 per share versus the Zacks Consensus Estimate of $0.48. This compares to earnings of $1.35 per share a 12 months in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of -577.08%. 1 / 4 in the past, it was anticipated that this firm would put up earnings of $1.44 per share when it truly produced earnings of $1.25, delivering a shock of -13.19%.

During the last 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.

CONTURA ENERGY, which belongs to the Zacks Coal business, posted revenues of $525.86 million for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 10.31%. This compares to year-ago revenues of $447.87 million. The corporate has topped consensus income estimates 3 times during the last 4 quarters.

The sustainability of the inventory’s instant value motion based mostly on the recently-released numbers and future…



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