| Arch Coal reports 2Q loss | |
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ST LOUIS (AP) _ Arch Coal Inc. (ACI) on Thursday reported a loss of $168.1 million in its second quarter.
On a per-share basis, the St. Louis-based company said it had a loss of 79 cents. Losses, adjusted for one-time gains and costs, were 73 cents per share.
The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 59 cents per share.
The coal producer posted revenue of $644.5 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $654.3 million.
The company's shares closed at 17 cents. A year ago, they were trading at $3.05.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACI at http://www.zacks.com/ap/ACI
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Keywords: Arch Coal, Earnings Report
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
CODE : ACI |
ISIN : US0393801008 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Arch Coal is a coal producing company based in United states of america. Arch Coal holds various exploration projects in USA. Its main assets in production are WEST ELK, BLACK THUNDER and JACOB'S RANCH in USA and its main asset in development is SPRUCE N° 1 in USA. Arch Coal is listed in Germany and in United States of America. Its market capitalisation is 868.2 millions as of today (€ 793.3 millions). Its stock quote reached its highest recent level on June 27, 2003 at 99.96, and its lowest recent point on October 01, 2018 at 0.01. Arch Coal has 47 442 200 shares outstanding. |