Alliance Holdings GP L.P. Earnings: Everything You Must Know Now
Alliance Holdings GP, L.P. (NASDAQ:AHGP) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Alliance Holdings GP, L.P. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 12.09% to $1.02 in the quarter versus EPS of $0.91 in the year-earlier quarter.
Revenue: Rose 4.48% to $553.5 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Alliance Holdings GP, L.P. reported adjusted EPS income of $1.02 per share. By that measure, the company beat the mean analyst estimate of $0.86. It beat the average revenue estimate of $545.08 million.
Key Stats (on next page)…
Revenue increased 1.01% from $547.97 million in the previous quarter. EPS increased 2% from $1.00 in the previous quarter.
Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.85 to a profit $0.86. For the current year, the average estimate has moved up from a profit of $3.37 to a profit of $3.57 over the last ninety days.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)