Arch Resources Inc expected to post earnings of $7.35 a share - Earnings Preview

Arch Resources

13/02/2024 13:34

* Arch Resources Inc  ARCH.N   ARCH.K  is expected to show a
fall
in quarterly revenue when it reports  results on February 15 for
the period ending December 31 2023
    * The St. Louis Missouri-based  company is expected to
report a
17.8% decrease in revenue to $706.665 million from $859.46
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 $7.35 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Arch
Resources
Inc is $190.00​, above​ its last closing price of $171.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  16.03       12.54      10.69     Missed  -14.8
 ​​Sep.        9.10        9.61       8.68      Missed  -9.7
 30 2022                                                
 Jun. 30 2022  21.28       20.87      19.30     Missed  -7.5​
 Mar. 31 2022  12.67       13.11      12.89     Missed  -1.7
 Dec. 31 2021  12.50       12.71      12.92     Beat    1.7
 This summary was machine generated February 13 at 13:34 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)