Arch Resources Inc expected to post earnings of $3.49 a share - Earnings Preview

Arch Resources

23/04/2024 15:05

* Arch Resources Inc  ARCH.N   ARCH.K  is expected to show a
fall
in quarterly revenue when it reports  results on April 25 for
the period ending March 31 2024
    * The St. Louis Missouri-based  company is expected to
report a
31.4% decrease in revenue to $596.592 million from $869.93
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 $3.49 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 $182.50​, above​ its last closing price of $161.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  7.76        7.35       6.07      Missed  -17.4
 Sep. 30 2023  3.36        3.47       3.91      Beat    12.7
 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.        16.03       12.54      10.69     Missed  -14.8
 31 2022                                                
 Sep. 30 2022  9.10        9.61       8.68      Missed  -9.7​
 Jun. 30 2022  21.28       20.87      19.30     Missed  -7.5
 Mar. 31 2022  12.67       13.11      12.89     Missed  -1.7
 This summary was machine generated April 23 at 14:05 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)