logo
Plus   Neg
Share
Email

Alpha Natural Resources Slips To Loss In Q4 On Charges - Quick Facts

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 RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Member of Congress have reportedly been told President Donald Trump's administration has reached an agreement to put Chinese telecom giant ZTE Corp. back in business. Reports from the New York Times and Reuters said the deal brokered by the Commerce Department would require ZTE to pay a substantial... Delta Air Lines will resume non-stop flights between the U.S. and India next year, almost a decade after it exited the Indian market. The airline said Thursday that its decision to resume non-stop flights from the U.S. to India follows agreements between the U.S. and the governments of the United Arab Emirates and Qatar to address the issue of government subsidies provided to state-owned carriers. Mortgage rates continued their upward trend this week and hit a seven-year high, even as housing demand remained robust. According to data released Thursday by mortgage finance provider Freddie Mac, the 30-year fixed-rate mortgage rose to 4.66 percent in the week ending May 24, from 4.61 percent in the prior week and 3.95 percent a year ago. This is also the highest level since May 5, 2011.
Follow RTT