WASHINGTON (dpa-AFX) - Coal company Cloud Peak Energy Inc. (CLD) reported third-quarter net income of $85.3 million or $1.39 per share, compared to $24.6 million or $0.41 per share in the comparable quarter last year.
Excluding items, adjusted earnings per share for the quarter rose to $0.80 from $0.61 in the year-ago quarter.
On average, 18 analysts polled by Thomson Reuters expected the company to earn $0.49 per share for the second quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter rose to $425.86 million from $406.95 million a year ago, while twelve analysts expected revenue of $396.08 million for the quarter.
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