BB&T Capital Downgrades Walter Energy (WLT) to Underweight

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Go back to BB&T Capital Downgrades Walter Energy (WLT) to Underweight

Walter Energy (WLT) Reports Smaller-than-Expected Q3 Loss, Sales Miss

October 30, 2014 7:56 AM EDT

Walter Energy (NYSE: WLT) reported Q3 EPS of ($1.48), $0.15 better than the analyst estimate of ($1.63). Revenue for the quarter came in at $329.55 million versus the consensus estimate of $333.82 million.

"In the challenging pricing environment for met coal, we remain focused on lowering production costs,... More