Alpha Natural Resources, Inc. (ANR: Quote) 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.
Click here to receive FREE breaking news email alerts for Alpha Natural Resources Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org