Alpha Metallurgical Resources, Inc. (AMR), a mining company, on Friday announced preliminary results for the first quarter, seeing narrower loss. However, shares were falling sharply in today's pre-market trading.
The company expects to post a net loss of $11 million, or $0.86 per share, compared with a loss of $33.9 million, or $2.60 per share, in the same quarter last year.
Adjusted EBITDA improved to $30 million from $5.7 million in the prior-year period
The company sold 3.6 tons of coal, compared with 3.8 tons in the same period last year.
Shares of Alpha Metallurgical Resources were more than 12% down in pre-market trading after closing at $198.91 on Thursday.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.