Contura Announces Third Quarter 2020 Results

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Go back to Contura Announces Third Quarter 2020 Results

Contura Energy (CTRA) Misses Q3 EPS by 71c, Revenues Beat

November 9, 2020 7:33 AM EST

Contura Energy (NYSE: CTRA) reported Q3 EPS of ($3.75), $0.71 worse than the analyst estimate of ($3.04). Revenue for the quarter came in at $400.69 million versus the consensus estimate of $330.65 million.

"Our third quarter results continued to highlight the discipline and safe, strategic performance of our operations team as we achieved the lowest full-quarter CAPP - Met cost per ton performance since the formation of our company," said chairman and chief executive officer, David Stetson. "As we introduce 2021 guidance, we expect our costs to remain very competitive at our recent levels while we tackle... More