Arch Coal, Inc. (ARCH) Misses Q2 EPS by 59c
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Arch Coal, Inc. Reports Second Quarter 2017 Results
July 27, 2017 6:30 AM EDTST. LOUIS, July 27, 2017 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ARCH) today reported second quarter 2017 net income of $37.2 million, or $1.48 per diluted share, compared with $51.7 million, or $2.03 per diluted share, in the first quarter of 2017. Excluding certain charges, adjusted diluted earnings per share ("adjusted EPS") 1 was $1.85. The charges for the second quarter include non-cash sales contract amortization, reorganization expenses and early debt extinguishment charges and related tax impact. The company earned adjusted earnings before interest, taxes, depreciation, depletion, amortization, reorganization items and early debt extinguishment charges ("adjusted EBITDAR") 1 of $95.4 million in the second quarter of 2017.
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