Arch Resources Inc expected to post earnings of $3.47 a share - Earnings Preview

Arch Resources

24/10/2023 15:22

* Arch Resources Inc  ARCH.N   ARCH.K  is expected to show a
fall
in quarterly revenue when it reports  results on October 26. 
    * The St. Louis Missouri-based  company is expected to
report  a
26.2% decrease in revenue to $637.9 million from $863.84 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Arch Resources Inc
is for
earnings of $3.47 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 8.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Arch
Resources
Inc is $177.5​, above​ its last closing price of $147.53. ​​​

The company's guidance on October 2 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD117.36 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  6.19        5.76       4.04      Missed  -29.8
 Mar. 31 2023  10.16       10.31      10.02     Missed  -2.8
 Dec. 31 2022  16.03       12.54      10.69     Missed  -14.8​
 Sep. 30 2022  9.10        9.61       8.68      Missed  -9.7
 ​​Jun.        21.28       20.87      19.30     Missed  -7.5
 30 2022                                                
 Mar. 31 2022  12.67       13.11      12.89     Missed  -1.7​
 Dec. 31 2021  12.50       12.71      12.92     Beat    1.7
 Sep. 30 2021  5.84        5.77       4.92      Missed  -14.7
 This summary was machine generated October 24 at 14:22 GMT.  All
figures in US dollars  unless otherwise stated