Arch Coal (ARCH) to Release Earnings on Tuesday
Arch Coal (NYSE:ARCH) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, April 23rd. Analysts expect Arch Coal to post earnings of $2.71 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
Arch Coal (NYSE:ARCH) last posted its quarterly earnings results on Thursday, February 14th. The energy company reported $4.44 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $3.28 by $1.16. The business had revenue of $650.96 million during the quarter, compared to analysts’ expectations of $570.69 million. Arch Coal had a net margin of 12.75% and a return on equity of 47.94%. The business’s quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter last year, the company posted $2.56 earnings per share. On average, analysts expect Arch Coal to post $15 EPS for the current fiscal year and $12 EPS for the next fiscal year.
NYSE ARCH opened at $89.54 on Monday. The firm has a market capitalization of $1.56 billion and a price-to-earnings ratio of 5.91. Arch Coal has a 12-month low of $75.09 and a 12-month high of $102.61. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.67 and a quick ratio of 2.29.
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About Arch Coal
Arch Coal, Inc produces and sells thermal and metallurgical coal from surface and underground mines. As of December 31, 2018, the company operated nine active mines. It also owned or controlled primarily through long-term leases approximately 28,292 acres of coal land in Ohio; 1,060 acres of coal land in Maryland; 10,195 acres of coal land in Virginia; 359,122 acres of coal land in West Virginia; 81,868 acres of coal land in Wyoming; 268,802 acres of coal land in Illinois; 33,527 acres of coal land in Kentucky; 9,840 acres of coal land in Montana; 21,802 acres of coal land in New Mexico; 358 acres of coal land in Pennsylvania; and 19,146 acres of coal land in Colorado, as well as owned or controlled through long-term leases smaller parcels of property in Alabama, Indiana, Washington, Arkansas, California, Utah, and Texas.
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