Alliance Holdings (AHGP) Reports Q4 EPS of 82c

Alliance Holdings (NASDAQ: AHGP) reported Q4 EPS of $0.82, $0.05 worse than the analyst estimate of $0.87. Revenue for the quarter came in at $483.13 million versus the consensus estimate of $473.6 million.

AHGP also announced it intends to move forward with a structural simplification of the Alliance Partnerships, as initially discussed last July when AHGP exchanged its incentive distribution rights in ARLP for common units in ARLP. (Please see Press Release dated July 28, 2017.) At that time, we indicated further evaluation of our structural alternatives and the potential outcome of tax reform proposals then under consideration was appropriate before determining whether further simplification of the Alliance Partnerships should proceed. Now that our structural evaluations are complete and tax reform has been clarified, management has recommended to the Board that further streamlining the Alliance Partnerships’ structure into a single reporting and trading entity should be pursued. We currently anticipate simplification would be principally accomplished through a distribution of ARLP common units held by AHGP to the AHGP unitholders. While the final form of this simplification is being refined, AHGP expects to complete this process in 2018 and will provide additional information once a final structure is approved

For earnings history and earnings-related data on Alliance Holdings (AHGP) click here.

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