Brief: Arch Resources Reports Fourth Quarter 2022 Results

Arch Resources

16/02/2023 11:51

Feb 16 (Reuters) - Arch Resources Inc  ARCH.N :
    * ARCH RESOURCES REPORTS FOURTH QUARTER 2022 RESULTS
    * Q4 EARNINGS PER SHARE $23.18
    * REVENUES TOTALED $859.5 MILLION FOR THREE MONTHS ENDED
DECEMBER
31, 2022, VERSUS $805.7 MILLION IN PRIOR-YEAR QUARTER
    * EXPECTS COKING COAL SHIPMENTS TO REMAIN RELATIVELY FLAT IN
Q1 OF
2023, FOLLOWED BY INCREMENTAL INCREASES IN SUBSEQUENT QTRS
    * EXPECTS OVERALL COKING COAL SALES VOLUMES TO BE IN RANGE
OF 8.9
TO 9.7 MILLION TONS FOR FULL YEAR 2023
    * Q4 EARNINGS PER SHARE VIEW $12.54, REVENUE VIEW $798.1
MILLION
-- REFINITIV IBES DATA
    * DECLARES A QUARTERLY CASH DIVIDEND OF $58.0 MILLION, OR
$3.11
PER SHARE

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