Arch Coal, Inc. (NYSE:ARCH) is reporting second quarter financial results on Tuesday 28th July 2020, before market open.
According to analysts surveyed by Thomson Reuters, ARCH is expected to report 2Q20 loss of $ 2.55 per share from revenue of $ 287.27 million.
For the full year, analysts anticipate top line of $ 1492.35 million, while looking forward to loss of $ 4.09 per share bottom line.
Previous Quarter Performance
Arch Coal, Inc. unveiled loss for the first quarter of $ 1.67 per share, from the revenue of $ 405.23 million. The quarterly revenues declined 25.00 percent compared with the same quarter last year. Street analysts expected Arch Coal, Inc. to report loss of $ 1.12 per share on revenue of $ 406.50 million for the first quarter. The bottom line results missed street analysts by $ 0.55 or 49.11 percent, at the same time, top line results fell short of analysts by $ 1.27 million or 0.31 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of ARCH was $ 30.02, representing a 37.71 % increase from the 52 week low of $ 21.80 and a 67.5 % decrease over the 52 week high of $ 92.37.
The company has a market capital of $ 454.58 million and is part of the Basic Materials sector and Coal industry.
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Conference Call
Arch Coal, Inc. will be hosting a conference call at 10:00 AM eastern time on 28th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.archcoal.com
Arch Coal, Inc. produces and sells thermal and metallurgical coal from surface and underground mines. As of December 31, 2018, the company operated nine active mines.
