Arch Resources: Q2 Earnings Insights

Arch Resources: Q2 Earnings Insights

 

Arch Resources ARCH reported its Q2 earnings results on Thursday, July 28, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Arch Resources missed estimated earnings by 5.37%, reporting an EPS of $19.75 versus an estimate of $20.87.

Revenue was up $682.61 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 7.74% increase in the share price the next day.

Here's a look at Arch Resources's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 13.11 12 5.77 0.81
EPS Actual 13.08 13.19 4.92 1.66
Revenue Estimate 707.67M 691.50M 509.87M 359.37M
Revenue Actual 867.94M 805.70M 594.41M 450.39M

To track all earnings releases for Arch Resources visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews