Alpha Natural Resources, Inc. (ANR) posted fourth-quarter net loss of $733.3 million or $3.34 per share versus net income of $10.8 million or $0.09 per share last year, mainly hurt by goodwill impairment charge of $745 million.
Adjusted loss from continuing operations for the quarter was $16 million or $0.07 per share compared to adjusted income from continuing operations of $32.6 million or $0.27 per share a year ago.
Total revenues for the three-month period advanced to $2.07 billion from $993.12 million in the prior-year quarter. Analysts polled by Thomson Reuters expected the company to report revenues of $2.16 billion for the quarter. Analysts' estimates typically exclude special items.
by RTT Staff Writer
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