Contura Announces First Quarter 2019 Results
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Contura Energy (CTRA) Reports Q1 EPS of $0.41, Revenues Beat
May 15, 2019 8:34 AM EDTContura Energy (NYSE: CTRA) reported Q1 EPS of $0.41, versus $5.66 reported last year. Revenue for the quarter came in at $609.1 million versus the consensus estimate of $554.05 million.
Net Income from continuing operations of $8 million for the first quarter 2019 compared with $58 million in the same period last year(1)Adjusted EBITDA(3) of $83 million for the quarter compared with $99 million in the same period last year(1)Under Contura's new interim leadership, company obtains commitments for new $555 million first lien facility to replace its existing term loan, substantially improving capital return flexibilityBoard of directors... More