Arch Coal, Inc. Reports Second Quarter 2019 Results
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Arch Coal, Inc. (ARCH) Tops Q2 EPS by 25c
July 24, 2019 6:33 AM EDTArch Coal, Inc. (NYSE: ARCH) reported Q2 EPS of $3.53, $0.25 better than the analyst estimate of $3.28. Revenue for the quarter came in at $570.22 million versus the consensus estimate of $542.35 million.
"Arch turned in another strong operational performance during the quarter just ended, led by our core Metallurgical segment, which achieved record margins, an excellent cost performance and solid shipping volumes," said John W. Eaves, Arch's chief executive officer. "At the same time, our legacy thermal operations contributed meaningful levels of cash flow despite heavy flooding that disrupted rail movements in the nation's... More
