Arch Coal Inc (NYSE:ACI) will unveil its latest earnings on Tuesday, February 5, 2013. Arch Coal is a coal producer in the United States, that sells coal to power plants, steel mills, and industrial facilities.
Arch Coal Inc Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average analyst estimate is for net loss of 14 cents per share, a spike from net income of 29 cents in the year-ago quarter. During the past three months, the average estimate has moved down from a loss of 12 cents. Between one and three months ago, the average estimate moved down. It also has dropped from a loss of 13 cents during the last month. For the year, analysts are projecting a loss of 32 cents per share, a swing from profit of $1.07 last year.
Past Earnings Performance: Last quarter, the company beat estimates by 35 cents, coming in at net income of 20 cents per share against an estimate of net loss of. The company also topped expectations in the second quarter.
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A Look Back: In the third quarter, profit rose more than twofold to $45.8 million (22 cents a share) from $19.1 million (9 cents a share) the year earlier, exceeding analyst expectations. Revenue fell 9.3% to $1.09 billion from $1.2 billion.