CNX Coal Resources LP Q2 Earnings Rise 193%

(RTTNews) - CNX Coal Resources LP (CNXC) released a profit for its second quarter that climbed from last year.

The company said its bottom line totaled $11.47 million, or $0.40 per share. This was up from $3.91 million, or $0.11 per share, in last year's second quarter.

Analysts had expected the company to earn $0.50 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 22.7% to $82.47 million. This was up from $67.22 million last year.

CNX Coal Resources LP earnings at a glance:

-Earnings (Q2): $11.47 Mln. vs. $3.91 Mln. last year. -Earnings Growth (Y-o-Y): 193.4% -EPS (Q2): $0.40 vs. $0.11 last year. -EPS Growth (Y-o-Y): 263.6% -Analysts Estimate: $0.50 -Revenue (Q2): $82.47 Mln vs. $67.22 Mln last year. -Revenue Change (Y-o-Y): 22.7%