Arch Coal (ARCH) Set to Announce Earnings on Tuesday
Arch Coal (NYSE:ARCH) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, April 23rd. Analysts expect the company to announce earnings of $2.71 per share for the quarter.
Arch Coal (NYSE:ARCH) last announced its quarterly earnings results on Thursday, February 14th. The energy company reported $4.44 earnings per share for the quarter, topping the consensus estimate of $3.28 by $1.16. Arch Coal had a net margin of 12.75% and a return on equity of 47.94%. The company had revenue of $650.96 million for the quarter, compared to analysts’ expectations of $570.69 million. During the same quarter in the previous year, the business posted $2.56 earnings per share. Arch Coal’s quarterly revenue was up 16.2% on a year-over-year basis. On average, analysts expect Arch Coal to post $14 EPS for the current fiscal year and $12 EPS for the next fiscal year.
Shares of ARCH opened at $86.71 on Tuesday. Arch Coal has a fifty-two week low of $75.09 and a fifty-two week high of $102.61. The firm has a market capitalization of $1.52 billion and a P/E ratio of 5.72. The company has a current ratio of 2.67, a quick ratio of 2.29 and a debt-to-equity ratio of 0.43.
About Arch Coal
Arch Coal, Inc produces and sells thermal and metallurgical coal from surface and underground mines. As of December 31, 2018, the company operated nine active mines. It also owned or controlled primarily through long-term leases approximately 28,292 acres of coal land in Ohio; 1,060 acres of coal land in Maryland; 10,195 acres of coal land in Virginia; 359,122 acres of coal land in West Virginia; 81,868 acres of coal land in Wyoming; 268,802 acres of coal land in Illinois; 33,527 acres of coal land in Kentucky; 9,840 acres of coal land in Montana; 21,802 acres of coal land in New Mexico; 358 acres of coal land in Pennsylvania; and 19,146 acres of coal land in Colorado, as well as owned or controlled through long-term leases smaller parcels of property in Alabama, Indiana, Washington, Arkansas, California, Utah, and Texas.
Recommended Story: Put Option Volume
Receive News & Ratings for Arch Coal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arch Coal and related companies with MarketBeat.com's FREE daily email newsletter.