Will CNX Resources See a Profit in 1Q18?
CNX Resources (CNX) is set to report its 1Q18 earnings on May 3, 2018, before the market opens. For 1Q18, excluding any one-time items, the current consensus net income estimate is at ~$32 million. On a year-over-year basis, CNX is expected to report ~16% lower profits when compared with 1Q17 adjusted net income of ~$38 million. However, on a sequential basis and excluding any one-time items, CNX is expected to turn the loss into profit in 1Q18. In 4Q17, CNX reported an adjusted loss of ~$52 million.