On Tuesday 5th November 2024, Arch Resources (NYSE: ARCH) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur before market open.
According to predictions from financial analysts on Wall Street, the organization is expected to report an estimated per share $1.83 profit for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $587.71 million during this period.
In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $3.91. This significant amount was attributed to the company's remarkable total revenue of $744.6 million generated during that specific period.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $2.59 billion. Additionally, the earnings per share for the company are also anticipated to reach profit of $8.94 over the course of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.81 | -80.0% | 608.75 M | -19.6% |
| Q1 2024 | $2.98 | -70.3% | 680.19 M | -21.8% |
| Q4 2023 | $6.07 | -73.8% | 774.02 M | -9.9% |
| Q3 2023 | $3.91 | -55.0% | 744.60 M | -13.8% |
| Q2 2023 | $4.04 | -79.5% | 757.29 M | -33.2% |
| *Growth on year-over-year basis | ||||
ARCH has scheduled a conference call on 5th November 2024 at 11:00 AM eastern time to discuss the third quarter financial results and other related information.
Arch Resources (ARCH) closed Friday's regular trading session at $144.00, demonstrating a 1.88 percent decrease. During the day, ARCH shares traded between $143.32 and $147.79, with a day volume of 286.70 thousand shares.
