Massey Energy Co. (MEE) Swings to Q1 GAAP Loss of 7c; Cuts FY11 Shipment Guidance
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Massey Energy Co. (NYSE: MEE) reported Q1 adj-loss of $0.07, compared to a gain of $0.39 during the same quarter last year. Sales of $949.8 million, vs. the Street estimate of $906.65 million.
Sees FY11 shipped tons of 41-44 million, down from 43-47 million previously.
Sees FY11 shipped tons of 41-44 million, down from 43-47 million previously.
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