Contura Announces Second Quarter 2019 Results
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Contura Energy (CTRA) Misses Q2 EPS by 33c, Revenues Beat
August 14, 2019 7:33 AM EDTContura Energy (NYSE: CTRA) reported Q2 EPS of $1.25, $0.33 worse than the analyst estimate of $1.58. Revenue for the quarter came in at $656.21 million versus the consensus estimate of $603.7 million.
Net Income from continuing operations of $24 million for the second quarter 2019 compared with $8 million in the first quarter and $75 million in the same period last year(1)Adjusted EBITDA(3) of $141 million for the quarter compared with $83 million in the first quarter and $86 million in the same period last year(1)Significant operational cost improvements in each operating segment compared to the first quarter... More