Arch Resources (ARCH) Q1 Earnings & Revenues Beat Estimates
ARCHArch Resources(ARCH) Zacks Investment Research·2024-04-26 02:26

Arch Resources (ARCH) reported first-quarter 2024 operating earnings per share of 2.98,whichsurpassedtheZacksConsensusEstimateof2.98, which surpassed the Zacks Consensus Estimate of 2.79 by 6.8%. However, the bottom line declined from the year-ago quarter’s figure of 10.02.RevenuesTotalrevenueswere10.02. Revenues Total revenues were 680 million, which beat the Zacks Consensus Estimate of 551millionby24.5551 million by 24.5%. However, the top line decreased 21.8% from 870 million in the year-ago quarter. Segment Details In the Metallurgical segment, ARCH sold 2.2 million tons of coal, which wa ...