Alpha Metallurgical Resources Inc reports results for the quarter ended in June - Earnings Summary

Alpha Metallurgical Resources

04/08/2023 14:33

* Alpha Metallurgical Resources Inc  AMR.N  reported
quarterly
adjusted earnings of $12.16​​ per share for the quarter ended in
June. The mean expectation of two analysts for the quarter was
for earnings of $12.69 per share.
    * Revenue fell 35.8% to $858.37 million from a year ago;
analysts
expected $833.69 million. 
    * Alpha Metallurgical Resources Inc's reported EPS for the
quarter
was $12.16​.
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Alpha Metallurgical Resources Inc shares had risen by 1.3%
this
quarter and gained 13.7% so far this year.
    * The company reported quarterly net income of $181.36
million.
    * Wall Street's median 12-month price target for Alpha
Metallurgical Resources Inc is $198.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 4 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      12.69          12.16          Missed
 Mar. 31 2023      14.13          17.01          Beat
 Dec. 31 2022      15.07          13.37          Missed
 Sep. 30 2022      16.81          14.21          Missed