Is a Beat in Store for CONSOL Coal (CCR) in Q1 Earnings?

CONSOL Coal Resources LP CCRis scheduled to report first-quarter 2018 results on May 3. In the fourth quarter of 2017, the company delivered a positive earnings surprise of 6.67%.

Why Likely a Positive Surprise

A stock needs to have a positive Earnings ESPand a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen.

Per our model, CONSOL Coal is likely to beat earnings this quarter as it possesses these components.

Zacks ESP:The company’s Earnings ESP is +8.24%. This is because the Most Accurate estimate is 46 cents, while the Zacks Consensus Estimate is pegged at 43 cents.