Arch Coal (ARCH) Scheduled to Post Quarterly Earnings on Wednesday

Arch Coal (NYSE:ARCH) will be releasing its earnings data before the market opens on Wednesday, July 24th. Analysts expect Arch Coal to post earnings of $3.42 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Arch Coal (NYSE:ARCH) last issued its quarterly earnings results on Tuesday, April 23rd. The energy company reported $3.91 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.53 by $1.38. The company had revenue of $555.18 million for the quarter, compared to the consensus estimate of $572.79 million. Arch Coal had a net margin of 13.38% and a return on equity of 47.43%. The firm’s quarterly revenue was down 3.5% on a year-over-year basis. During the same period in the previous year, the firm earned $2.74 EPS. On average, analysts expect Arch Coal to post $19 EPS for the current fiscal year and $14 EPS for the next fiscal year.

Shares of NYSE:ARCH opened at $88.50 on Tuesday. The business has a 50-day moving average of $90.08. The company has a quick ratio of 2.31, a current ratio of 2.80 and a debt-to-equity ratio of 0.43. The stock has a market cap of $1.46 billion, a P/E ratio of 5.29 and a beta of 0.30. Arch Coal has a fifty-two week low of $78.05 and a fifty-two week high of $101.92.

A number of brokerages recently weighed in on ARCH. BMO Capital Markets boosted their price target on shares of Inflarx to $64.00 and gave the stock an “outperform” rating in a report on Wednesday, April 24th. ValuEngine downgraded shares of Viewray from a “buy” rating to a “hold” rating in a report on Wednesday, April 24th. Zacks Investment Research downgraded shares of General Finance from a “buy” rating to a “hold” rating in a report on Monday, July 15th. Finally, TheStreet downgraded shares of Virtusa from a “b-” rating to a “c+” rating in a report on Wednesday, May 29th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Arch Coal has an average rating of “Hold” and an average price target of $113.40.

Arch Coal Company Profile

Arch Coal, Inc produces and sells thermal and metallurgical coal from surface and underground mines. As of December 31, 2018, the company operated nine active mines. It also owned or controlled primarily through long-term leases approximately 28,292 acres of coal land in Ohio; 1,060 acres of coal land in Maryland; 10,195 acres of coal land in Virginia; 359,122 acres of coal land in West Virginia; 81,868 acres of coal land in Wyoming; 268,802 acres of coal land in Illinois; 33,527 acres of coal land in Kentucky; 9,840 acres of coal land in Montana; 21,802 acres of coal land in New Mexico; 358 acres of coal land in Pennsylvania; and 19,146 acres of coal land in Colorado, as well as owned or controlled through long-term leases smaller parcels of property in Alabama, Indiana, Washington, Arkansas, California, Utah, and Texas.

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Earnings History for Arch Coal (NYSE:ARCH)

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