Edition:
India

Arch Coal Q2 Earnings Per Share $2.06


Tuesday, 31 Jul 2018 

July 31 (Reuters) - Arch Coal Inc ::ARCH COAL, INC. REPORTS SECOND QUARTER 2018 RESULTS.Q2 EARNINGS PER SHARE $2.06.Q2 REVENUE $592.3 MILLION VERSUS I/B/E/S VIEW $525.4 MILLION.Q2 EARNINGS PER SHARE VIEW $1.90 -- THOMSON REUTERS I/B/E/S.REITERATES 2018 SALES VOLUME AND COST GUIDANCE FOR ALL OPERATING SEGMENTS.BOOSTS SHARE REPURCHASE AUTHORIZATION BY $250 MILLION.ARCH COAL - "BELIEVE THAT OUR CURRENT CASH BALANCE REPRESENTS AMPLE AND APPROPRIATE LIQUIDITY THAT WILL MEET OUR NEEDS THROUGHOUT THE MARKET CYCLE".IN METALLURGICAL SEGMENT, QTRLY COKING COAL SALES VOLUMES INCREASED 13 PERCENT WHEN COMPARED WITH Q1 OF 2018. 

Company Quote

74.81
-0.42 -0.56%
22 Nov 2019