UPDATE: Alpha Natural Posts Wider Q2 Adjusted Loss

Loading...
Loading...
Alpha Natural Resources
ANR
reported a wider second-quarter adjusted loss. Alpha Natural posted a quarterly net loss of $185.7 million, or $0.84 per share, versus a year-ago loss of $2.23 billion, or $10.14 per share. Excluding one-time items, its adjusted loss widened to $129.2 million, or $0.59 per share, versus a year-ago loss of $72.3 million, or $0.33 per share. Its revenue declined to $1.34 billion from $1.85 billion. However, analysts were estimating a loss of $0.59 per share on revenue of $1.24 billion. Alpha Natural shares closed at $5.44 yesterday.
Market News and Data brought to you by Benzinga APIs
Posted In: EarningsNewsloss
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...