Alpha Metallurgical Resources, Inc. Reports Retreat In Q3 Income, Misses Estimates

Alpha Metallurgical Resources, Inc. (AMR) reported earnings for third quarter that decreased from the same period last year and missed the Street estimates.

The company's bottom line came in at $3.80 million, or $0.29 per share. This compares with $93.81 million, or $6.65 per share, in last year's third quarter.

Analysts on average had expected the company to earn $1.03 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 9.4% to $671.90 million from $741.82 million last year.

Alpha Metallurgical Resources, Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $3.80 Mln. vs. $93.81 Mln. last year.
-EPS (Q3): $0.29 vs. $6.65 last year.
-Revenue (Q3): $671.90 Mln vs. $741.82 Mln last year.

by RTTNews Staff Writer

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