Last week, you might have seen that Core Natural Resources, Inc. (NYSE:CNR) released its quarterly result to the market. The early response was not positive, with shares down 9.2% to US$67.23 in the past week. Revenues of US$1.0b beat expectations by 3.8%. Unfortunately statutory earnings per share (EPS) fell well short of the mark, turning in a loss of US$1.38 compared to previous analyst expectations of a profit. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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Taking into account the latest results, the current consensus from Core Natural Resources' twin analysts is for revenues of US$4.23b in 2025. This would reflect a sizeable 59% increase on its revenue over the past 12 months. Per-share earnings are expected to shoot up 348% to US$9.65. In the lead-up to this report, the analysts had been modelling revenues of US$4.15b and earnings per share (EPS) of US$8.81 in 2025. So the consensus seems to have become somewhat more optimistic on Core Natural Resources' earnings potential following these results.

View our latest analysis for Core Natural Resources

The consensus price target was unchanged at US$109, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders.

Of course, another way to look at these forecasts is to place them into context against the industry itself. The analysts are definitely expecting Core Natural Resources' growth to accelerate, with the forecast 85% annualised growth to the end of 2025 ranking favourably alongside historical growth of 20% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 3.5% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Core Natural Resources to grow faster than the wider industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Core Natural Resources' earnings potential next year. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at US$109, with the latest estimates not enough to have an impact on their price targets.