Arch Resources Inc expected to post earnings of $1.83 a share - Earnings Preview

Arch Resources

01/11/2024 14:10

* Arch Resources Inc  ARCH.N   ARCH.K  is expected to show a
fall
in quarterly revenue when it reports  results on November 5 for
the period ending September 30 2024
    * The St. Louis Missouri-based  company is expected to
report a
21.1% decrease in revenue to $587.713 million from $744.6
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Arch Resources Inc is
for
earnings of $1.83 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Arch
Resources
Inc is $167.50​, above​ its last closing price of $146.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  1.29        1.65       0.81      Missed  -50.9
 Mar. 31 2024  3.37        3.49       2.98      Missed  -14.7
 Jan. 1 0001   7.76        7.35       6.07      Missed  -17.4​
 Sep. 30 2023  3.36        3.47       3.91      Beat    12.7
 ​​Jun.        6.19        5.76       4.04      Missed  -29.8
 30 2023                                                
 Mar. 31 2023  10.16       10.31      10.02     Missed  -2.8​
 Dec. 31 2022  16.03       12.54      10.69     Missed  -14.8
 Jan. 1 0001   9.10        9.61       8.68      Missed  -9.7
 This summary was machine generated November 1 at 14:10 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)