Alliance Resource Partners, L.P. Reports Annual Increases to Revenues, Net Income, EBITDA and Coal Production and Record Coal Sales Volumes; Increases Quarterly Cash Distribution 1.0% to $0.53 Per Uni

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Go back to Alliance Resource Partners, L.P. Reports Annual Increases to Revenues, Net Income, EBITDA and Coal Production and Record Coal Sales Volumes; Increases Quarterly Cash Distribution 1.0% to $0.53 Per Uni

Alliance Resource Partners (ARLP) Misses Q4 EPS by 39c, Revenues Miss; Offers FY19 Revenue Guidance Above Consensus

January 28, 2019 7:05 AM EST

Alliance Resource Partners (NASDAQ: ARLP) reported Q4 EPS of $0.38, $0.39 worse than the analyst estimate of $0.77. Revenue for the quarter came in at $531.84 million versus the consensus estimate of $540.75 million.

Market Update and Outlook

"ARLP anticipates its strong operating and financial performance will continue in 2019," said Mr. Craft. "Current domestic coal market fundamentals are favorable as cold weather across much of the eastern U.S.... More