Alliance Resource Partners (NASDAQ:ARLP) is scheduled to be announcing its earnings results before the market opens on Monday, April 29th. Analysts expect the company to announce earnings of $0.68 per share for the quarter. Alliance Resource Partners has set its FY 2019 guidance at EPS.

Alliance Resource Partners (NASDAQ:ARLP) last announced its earnings results on Monday, January 28th. The energy company reported $0.38 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.77 by ($0.39). Alliance Resource Partners had a return on equity of 26.51% and a net margin of 18.30%. The firm had revenue of $531.80 million for the quarter, compared to the consensus estimate of $538.50 million. During the same period in the previous year, the firm earned $0.55 EPS. Alliance Resource Partners’s revenue for the quarter was up 10.1% on a year-over-year basis. On average, analysts expect Alliance Resource Partners to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of NASDAQ:ARLP opened at $18.63 on Monday. Alliance Resource Partners has a 12 month low of $15.55 and a 12 month high of $20.99. The company has a market cap of $2.39 billion, a P/E ratio of 7.64 and a beta of 1.01. The company has a current ratio of 1.51, a quick ratio of 1.33 and a debt-to-equity ratio of 0.48.

Several equities research analysts recently commented on ARLP shares. Zacks Investment Research cut Alliance Resource Partners from a “hold” rating to a “sell” rating in a report on Friday, April 12th. BidaskClub raised Alliance Resource Partners from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 13th. Finally, ValuEngine cut Alliance Resource Partners from a “hold” rating to a “sell” rating in a report on Wednesday, April 10th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $21.00.

A hedge fund recently raised its stake in Alliance Resource Partners stock. Geode Capital Management LLC boosted its holdings in Alliance Resource Partners, L.P. (NASDAQ:ARLP) by 12.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 140,989 shares of the energy company’s stock after buying an additional 15,219 shares during the quarter. Geode Capital Management LLC owned 0.11% of Alliance Resource Partners worth $2,444,000 as of its most recent SEC filing. 26.85% of the stock is currently owned by institutional investors.

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About Alliance Resource Partners

Alliance Resource Partners, L.P. produces and markets coal primarily to utilities and industrial users in the United States. The company operates through two segments, Illinois Basin and Appalachia. It produces a range of steam and metallurgical coal with sulfur and heat contents. The company operates eight underground mining complexes in Illinois, Indiana, Kentucky, Maryland, and West Virginia.

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Earnings History for Alliance Resource Partners (NASDAQ:ARLP)

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