Arch Coal, Inc. (ACI) Misses Q2 EPS by 16c
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Price: $13.66 +1.56%
Revenue Growth %: -0.2%
Financial Fact:
Total operating expenses: 538.51M
Today's EPS Names:
OCCI, MAYS, CRMT, More
Revenue Growth %: -0.2%
Financial Fact:
Total operating expenses: 538.51M
Today's EPS Names:
OCCI, MAYS, CRMT, More
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Arch Coal, Inc. (NYSE: ACI) reported Q2 EPS of $0.44, $0.16 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $985.1 million versus the consensus estimate of $955.65 million.
"The second quarter was a momentous one for Arch Coal – we announced, completed and made considerable progress in integrating the largest acquisition in our company's history," said Steven F. Leer, Arch's chairman and chief executive officer. "With this acquisition, we have expanded and strengthened Arch's value proposition – by creating a world-class global metallurgical and thermal coal franchise poised for growth – while maintaining our sharp focus on mine safety and environmental stewardship."
"The second quarter was a momentous one for Arch Coal – we announced, completed and made considerable progress in integrating the largest acquisition in our company's history," said Steven F. Leer, Arch's chairman and chief executive officer. "With this acquisition, we have expanded and strengthened Arch's value proposition – by creating a world-class global metallurgical and thermal coal franchise poised for growth – while maintaining our sharp focus on mine safety and environmental stewardship."
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