Arch Coal, Inc. (ARCH) Misses Q4 EPS by 34c, Revenues Beat
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Arch Coal, Inc. Reports Fourth Quarter and Full Year 2019 Results
February 6, 2020 6:30 AM ESTST. LOUIS, Feb. 6, 2020 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ARCH) today reported a net loss of $8.6 million, or $0.57 per diluted share, in the fourth quarter of 2019, compared with net income of $86.1 million, or $4.44 per diluted share, in the prior-year period.  Included in the company's fourth quarter results was a loss of $9.0 million associated with the December sale of its Coal-Mac thermal operations. Arch had adjusted earnings before interest, taxes, depreciation, depletion, amortization, accretion on asset retirement obligations, amortization of sales contracts, and non-operating expenses ("adjusted EBITDA") 1 of $43.7 million in the fourth quarter of... More
