Arch Resources, Inc. (ARCH) revealed a profit for second quarter that decreased from the same period last year and missed the Street estimates.
The company's earnings totaled $14.833 million, or $0.81 per share. This compares with $77.353 million, or $4.04 per share, in last year's second quarter.
Analysts on average had expected the company to earn $1.65 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 19.6% to $608.751 million from $757.294 million last year.
Arch Resources, Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $14.833 Mln. vs. $77.353 Mln. last year.-EPS (Q2): $0.81 vs. $4.04 last year.-Revenue (Q2): $608.751 Mln vs. $757.294 Mln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.