Alliance Resource Partners, L.P. Reports Annual Increases to Net Income and EBITDA; Declares Quarterly Cash Distribution of $0.40 Per Unit; and Provides Initial 2020 Guidance

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Alliance Resource Partners (ARLP) Reports In-Line Q4 EPS, Revenues Miss

January 27, 2020 7:01 AM EST

Alliance Resource Partners (NASDAQ: ARLP) reported Q4 EPS of $0.20, in-line with the analyst estimate of $0.20. Revenue for the quarter came in at $453.3 million versus the consensus estimate of $486.5 million.

Commenting on ARLPs performance for the year, Joseph W. Craft III, Chairman, President and Chief Executive Officer, said, "Following a year where we grew our coal production by 7.1%, delivered record coal sales volumes, improved coal sales price realizations and posted higher year-over-year revenues, net income and EBITDA, we entered 2019 anticipating a continuation of the favorable domestic and international coal market fundamentals that... More