$-0.05 EPS Expected for Foresight Energy LP (FELP)

October 30, 2017 – By Max Morgan

Investors wait Foresight Energy LP (NYSE:FELP) to report on November, 8. its quarterly earnings Wall Street analysts expect $-0.05 earnings per share, up $0.01 or 16.67 % from last year’s $-0.06 same quarter earnings. Foresight Energy LP’s Wall Street analysts see 400.00 % negative EPS growth, taking into account the $-0.01 EPS reproted in the previous quarter, The stock decreased 6.22% or $0.28 on October 27, reaching $4.22. About 17,148 shares traded. Foresight Energy LP (NYSE:FELP) has risen 199.40% since October 30, 2016 and is uptrending. It has outperformed by 182.70% the S&P500.

Foresight Energy LP (NYSE:FELP) Ratings Coverage

Among 11 analysts covering Foresight Energy LP (NYSE:FELP), 0 have Buy rating, 1 Sell and 10 Hold. Therefore 0 are positive. Foresight Energy LP had 28 analyst reports since July 21, 2015 according to SRatingsIntel. On Tuesday, November 3 the stock rating was maintained by Cowen & Co with “Outperform”. FBR Capital maintained it with “Mkt Perform” rating and $3 target in Thursday, October 13 report. As per Friday, October 30, the company rating was downgraded by BB&T Capital. The stock of Foresight Energy LP (NYSE:FELP) earned “Hold” rating by Stifel Nicolaus on Friday, October 30. The company was maintained on Wednesday, August 16 by Stifel Nicolaus. Stifel Nicolaus maintained Foresight Energy LP (NYSE:FELP) rating on Thursday, September 21. Stifel Nicolaus has “Hold” rating and $5.5 target. As per Tuesday, December 8, the company rating was maintained by FBR Capital. Deutsche Bank maintained the stock with “Buy” rating in Monday, October 5 report. The stock has “Mkt Perform” rating by FBR Capital on Thursday, May 12. Cowen & Co maintained Foresight Energy LP (NYSE:FELP) on Monday, August 3 with “Outperform” rating.

Foresight Energy LP is engaged in the mining and marketing of coal from reserves and activities located in the Illinois Basin. The company has market cap of $600.89 million. As of December 31, 2016, the Company controlled 2.1 billion tons of coal in the state of Illinois. It currently has negative earnings. The Company’s reserves consist principally of three contiguous blocks of uniform, thick, high heat content thermal coal, which are used for longwall operations.

More notable recent Foresight Energy LP (NYSE:FELP) news were published by: Prnewswire.com which released: “Murray Energy Corporation and Foresight Energy Complete Transaction, Creating …” on April 16, 2015, also Marketwatch.com with their article: “4.22” published on June 17, 2014, Businesswire.com published: “Foresight Energy LP Reports First Quarter 2017 Results” on May 11, 2017. More interesting news about Foresight Energy LP (NYSE:FELP) were released by: Fool.com and their article: “Why Foresight Energy LP Units Fell More Than 10% in March” published on April 05, 2017 as well as Reuters.com‘s news article titled: “Foresight Energy LP says may file for Chapter 11 bankruptcy” with publication date: March 15, 2016.