Arch Resources Inc reports results for the quarter ended in September - Earnings Summary

Arch Resources

26/10/2023 17:02

* Arch Resources Inc  ARCH.N  reported quarterly adjusted
earnings
of $3.91​​ per share for the quarter ended in September. The
mean expectation of five analysts for the quarter was
for earnings of $3.47 per share.
    * Revenue fell 13.8% to $744.60 million from a year ago;
analysts
expected $637.90 million. 
    * Arch Resources Inc's reported EPS for the quarter was
$3.91​.
    * The mean earnings estimate of analysts had fallen by
about 49.5%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates 
    * Arch Resources Inc shares had fallen by 11.2% this
quarter and
gained 13.6% so far this year.
    * The company reported quarterly net income of $73.69
million.
    * Wall Street's median 12-month price target for Arch
Resources
Inc is $177.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 04:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      3.47           3.91           Beat
 Jun. 30 2023      5.76           4.04           Missed
 Mar. 31 2023      10.31          10.02          Missed
 Dec. 31 2022      12.54          10.69          Missed