CONTURA ENERGY Forecasted to Post Q3 2017 Earnings of $1.41 Per Share (CNTE)
CONTURA ENERGY (OTC:CNTE) – Analysts at FBR & Co dropped their Q3 2017 EPS estimates for CONTURA ENERGY in a report released on Wednesday. FBR & Co analyst L. Pipes now forecasts that the energy company will post earnings of $1.41 per share for the quarter, down from their previous estimate of $2.18. FBR & Co has a “Buy” rating and a $84.00 price target on the stock. FBR & Co also issued estimates for CONTURA ENERGY’s Q4 2017 earnings at $0.53 EPS, Q1 2018 earnings at $0.65 EPS, Q2 2018 earnings at $0.50 EPS, Q3 2018 earnings at $0.63 EPS, Q4 2018 earnings at $0.74 EPS, FY2018 earnings at $2.52 EPS and FY2019 earnings at $3.07 EPS.
Other analysts have also issued research reports about the stock. Zacks Investment Research lowered shares of CONTURA ENERGY from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 1st. ValuEngine lowered shares of CONTURA ENERGY from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st.
About CONTURA ENERGY
Contura Energy Inc, located in Bristol, Tennessee, owns and operates coal mines. The Company was founded in 2016.
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