WASHINGTON (dpa-AFX) - Arch Resources, Inc. (ARCH) revealed earnings for first quarter that decreased from last year and missed the Street estimates.
The company's bottom line came in at $198.11 million, or $10.02 per share. This compares with $271.87 million, or $12.89 per share, in last year's first quarter.
Analysts on average had expected the company to earn $10.31 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 0.2% to $869.93 million from $867.94 million last year.
Arch Resources, Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $198.11 Mln. vs. $271.87 Mln. last year. -EPS (Q1): $10.02 vs. $12.89 last year. -Analyst Estimates: $10.31 -Revenue (Q1): $869.93 Mln vs. $867.94 Mln last year.
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