=Consol Energy (CNX) reported earnings on Mon 31 Oct 2016 (a/h)

• #58 Mon 10/31
• #97 Fri 10/28

CANONSBURG, Pa. (AP) _ Consol Energy Inc. (CNX) on Tuesday reported third-quarter net income of $25.3 million.

On a per-share basis, the Canonsburg, Pennsylvania-based company said it had net income of 11 cents. Losses, adjusted for non-recurring gains, were 15 cents per share.

The results fell short of Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

The natural gas company posted revenue of $745.6 million in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $572.7 million.

Consol shares have more than doubled since the beginning of the year, while the Standard & Poor's 500 index has risen 4 percent. The stock has more than doubled in the last 12 months.