Contura Energy (CTRA) Reports Q4 EPS of $9.85, Revenues Beat
Contura Energy (NYSE: CTRA) reported Q4 EPS of $9.85, versus $3.83 reported last year. Revenue for the quarter came in at $572.1 million versus the consensus estimate of $549.9 million.
"Between the successful completion of our merger with Alpha and the refinancing of our term loans, along with our listing on the New York Stock Exchange, the fourth quarter of 2018 was filled with significant strategic milestones for the future of our company," said Kevin Crutchfield, chief executive officer. "Immediately after the closing of those transactions, our focus shifted towards integration and synergy realization – and we are making excellent progress on both fronts with synergies progressing ahead of our initial expectations. In addition to emphasizing operational enhancements, we continue to increase our investor outreach to expand our visibility as a recently-listed NYSE company."
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