Arch Resources: Q3 Earnings Snapshot
By AP News
Published - Nov 05, 2024, 07:08 AM ET
Last Updated - Dec 16, 2024, 05:40 PM EST
ST LOUIS (AP) — ST LOUIS (AP) — Arch Resources, Inc. (ARCH) on Tuesday reported a third-quarter loss of $6.2 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the St. Louis-based company said it had a loss of 34 cents. Earnings, adjusted for costs related to mergers and acquisitions and severance costs, were 41 cents per share.
The coal producer posted revenue of $617.9 million in the period.
Arch Resources shares have decreased 14% since the beginning of the year. The stock has fallen 6% in the last 12 months.
