Equities research analysts expect Cloud Peak Energy Inc (NYSE:CLD) to announce sales of $247.73 million for the current quarter, according to Zacks. Four analysts have provided estimates for Cloud Peak Energy’s earnings. The highest sales estimate is $260.40 million and the lowest is $232.82 million. Cloud Peak Energy posted sales of $217.07 million in the same quarter last year, which suggests a positive year over year growth rate of 14.1%. The business is expected to issue its next quarterly earnings results on Thursday, October 26th.

On average, analysts expect that Cloud Peak Energy will report full year sales of $247.73 million for the current financial year, with estimates ranging from $888.65 million to $949.30 million. For the next financial year, analysts anticipate that the firm will report sales of $921.21 million per share, with estimates ranging from $819.20 million to $997.90 million. Zacks’ sales averages are an average based on a survey of analysts that cover Cloud Peak Energy.

Cloud Peak Energy (NYSE:CLD) last issued its quarterly earnings results on Thursday, July 27th. The mining company reported ($0.04) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.04). The company had revenue of $229.20 million during the quarter, compared to the consensus estimate of $236.94 million. Cloud Peak Energy had a positive return on equity of 0.54% and a negative net margin of 0.47%. Cloud Peak Energy’s revenue was up 31.6% on a year-over-year basis. During the same period last year, the company earned $0.48 earnings per share.

A number of research firms have weighed in on CLD. Zacks Investment Research lowered Cloud Peak Energy from a “hold” rating to a “sell” rating in a research note on Tuesday. BMO Capital Markets set a $4.00 price objective on Cloud Peak Energy and gave the stock a “hold” rating in a research note on Saturday, August 5th. ValuEngine lowered Cloud Peak Energy from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. BidaskClub lowered Cloud Peak Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $6.00 price target on shares of Cloud Peak Energy in a research note on Friday, July 21st. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $5.41.

Shares of Cloud Peak Energy (NYSE CLD) traded up 1.536% during mid-day trading on Friday, reaching $2.975. The company had a trading volume of 401,959 shares. Cloud Peak Energy has a 1-year low of $2.91 and a 1-year high of $8.04. The company’s market capitalization is $223.51 million. The stock’s 50-day moving average price is $3.44 and its 200 day moving average price is $3.99.

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Several institutional investors have recently made changes to their positions in the stock. Louisiana State Employees Retirement System raised its position in shares of Cloud Peak Energy by 0.3% in the second quarter. Louisiana State Employees Retirement System now owns 30,600 shares of the mining company’s stock valued at $108,000 after buying an additional 100 shares during the period. Arizona State Retirement System raised its position in shares of Cloud Peak Energy by 0.3% in the second quarter. Arizona State Retirement System now owns 39,153 shares of the mining company’s stock valued at $138,000 after buying an additional 100 shares during the period. Texas Permanent School Fund raised its position in shares of Cloud Peak Energy by 1.0% in the second quarter. Texas Permanent School Fund now owns 54,799 shares of the mining company’s stock valued at $193,000 after buying an additional 523 shares during the period. Prudential Financial Inc. raised its position in shares of Cloud Peak Energy by 0.8% in the second quarter. Prudential Financial Inc. now owns 122,295 shares of the mining company’s stock valued at $432,000 after buying an additional 920 shares during the period. Finally, Thrivent Financial For Lutherans raised its position in shares of Cloud Peak Energy by 4.0% in the second quarter. Thrivent Financial For Lutherans now owns 44,860 shares of the mining company’s stock valued at $158,000 after buying an additional 1,730 shares during the period. 81.08% of the stock is currently owned by institutional investors and hedge funds.

Cloud Peak Energy Company Profile

Cloud Peak Energy Inc is a producer of coal in the United States of America and the Powder River Basin (PRB). In the PRB, the Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. Its segments include Owned and Operated Mines, and Logistics and Related Activities.

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Earnings History and Estimates for Cloud Peak Energy (NYSE:CLD)

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