Alliance Resource Partners LP Bottom Line Climbs In Q3, Beats estimates

Alliance Resource Partners LP (ARLP) revealed earnings for its third quarter that advanced from last year.

The company's earnings came in at $57.55 million, or $0.44 per share. This compares with $27.20 million, or $0.21 per share, in last year's third quarter.

Analysts had expected the company to earn $0.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 16.8% to $415.44 million from $355.65 million last year.

Alliance Resource Partners LP earnings at a glance:

-Earnings (Q3): $57.55 Mln. vs. $27.20 Mln. last year.
-EPS (Q3): $0.44 vs. $0.21 last year.
-Analysts Estimate: $0.36
-Revenue (Q3): $415.44 Mln vs. $355.65 Mln last year.

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