Arch Coal ACI posted a wider-than-expected fourth-quarter loss.
Arch Coal posted a quarterly net loss of $371.2 million, or $1.75 per share, versus a year-ago loss of $295.4 million, or $1.39 per share. On an adjusted basis, it lost $0.45 per share. However, analysts were projecting a loss of $0.39 per share.
Its revenue declined 17% to $719.4 million, versus estimates of $764.44 million.
Arch Coal shares fell 3.74% to $3.86 in pre-market trading.
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