Contura Energy, Inc. (NYSE:CTRA) is set to announce third quarter earning results on Monday 9th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, CTRA to report 3Q20 loss of $ 3.04 per share.
For the full year, analysts anticipate top line of $ 1597.40 million, while looking forward to loss of $ 21.14 per share bottom line.
Previous Quarter Performance
Contura Energy, Inc. unveiled loss for the second quarter of $ 4.18 per share, from the revenue of $ 411.84 million. The quarterly revenues reduced 37.24 percent compared with the same quarter last year. Street analysts expected Contura Energy, Inc. to report loss of $ 3.33 per share on revenue of $ 354.95 million for the second quarter. The bottom line results missed street analysts by $ 0.85 or 25.53 percent, at the same time, top line results outshined analysts by $ 56.89 million or 16.03 percent.
Stock Performance
On Friday, shares of Contura Energy, Inc. has traded high as $ 7.75 and has cracked $ 7.06 on the downward trend, reaching $ 7.53 with volume of 55.60 thousand shares.
According to the previous trading day, closing price of $ 7.53, representing a 276.17 % increase from the 52 week low of $ 1.93 and a 65.16 % decrease over the 52 week high of $ 20.84.
The company has a market capital of $ 137.87 million and is part of the Basic Materials sector and Coal industry.
Conference Call
Contura Energy, Inc. will be hosting a conference call at 10:00 AM eastern time on 9th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.conturaenergy.com
Contura Energy, Inc. extracts, processes, and markets metallurgical and thermal coal to electric utilities, steel and coke manufacturers, and industrial customers in the United States and internationally. The company operates in four segments: CAPP – Met, CAPP – Thermal, NAPP, and Trading and Logistics.
