Reuters logo
BRIEF-Arch Coal Q4 earnings per share $1.31
February 8, 2017 / 11:54 AM / 10 months ago

BRIEF-Arch Coal Q4 earnings per share $1.31

Feb 8 (Reuters) - Arch Coal Inc :

* Arch Coal, Inc reports fourth quarter 2016 results

* Q4 earnings per share $1.31

* Q4 earnings per share view $0.13 -- Thomson Reuters I/B/E/S

* Q4 revenue $575.7 million versus i/b/e/s view $547.7 million

* Says has established sales targets for 2017 of between 7.2 million and 7.8 million tons of metallurgical coal

* Arch Coal Inc sees 2017 sales volume 95.2 - 103.8 million tons

* Arch Coal Inc sees fy capital expenditures $52 million - $60 million

* Arch Coal Inc - in 2017, expect metallurgical prices to remain well above levels that prevailed during first half of 2016

* Arch coal - looking ahead, expects market to address undersupplied conditions of 2016, with new supply coming online in response to stronger price signals

* Arch coal - “projecting additional strengthening in seaborne market, with sizeable increases in demand for high-quality, imported coking coal in India” Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below