CNX Resources Reports Q3 Earnings Beat and Raises FY2026 Outlook
CNX Resources reported third-quarter financial results that exceeded analyst expectations on both the top and bottom lines. The company posted a non-GAAP earnings per share (EPS) of $1.12, surpassing estimates by $0.56, while revenue reached $580 million, beating projections despite a slight 0.7% year-over-year decline. Looking ahead, the company demonstrated confidence in its long-term financial trajectory by raising its FY2026 adjusted EBITDAX outlook to a range of $1.29 billion to $1.31 billion. Additionally, CNX expects free cash flow for that period to reach approximately $550 million, or roughly $3.85 per share.
Tickers: $CNX
Topics: earnings beat free cash flow guidance raise revenue beat