Arch Coal, Inc. Reports Second Quarter 2015 Results

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Go back to Arch Coal, Inc. Reports Second Quarter 2015 Results

Cowen Downgrades Arch Coal Inc (ACI) to Market Perform

August 3, 2015 7:55 AM EDT

Cowen downgraded Arch Coal Inc (NYSE: ACI) from Outperform to Market Perform with a price target of $0.25 (from $1.50).

For an analyst ratings summary and ratings history on Arch Coal Inc click here. For more ratings news on Arch Coal Inc click here.

Shares of Arch Coal Inc closed at $0.18 yesterday.

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Arch Coal (ACI) Misses Q2 EPS by 20c, Offers Outlook

July 30, 2015 8:26 AM EDT

Arch Coal (NYSE: ACI) reported Q2 EPS of ($0.73), $0.20 worse than the analyst estimate of ($0.53). Revenue for the quarter came in at $644.5 million versus the consensus estimate of $676.71 million.

Edward Rosenfeld, Chairman and Chief Executive Officer, commented, We are pleased to have delivered sales and earnings results ahead of expectations in the second quarter. These results are attributable to outstanding performance in our retail segment, driven by robust comparable store sales growth of 18.5%, as well as a second consecutive quarter of mid-teens sales growth in our wholesale accessories business. As expected, sales in our wholesale... More