Arch Coal, Inc. Reports Second Quarter 2018 Results
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Arch Coal (ARCH) PT Raised to $108 at MKM Partners
August 1, 2018 7:32 AM EDTMKM Partners raised its price target on Arch Coal (NYSE: ARCH) to $108.00 (from $107.00) while maintaining a Buy rating following results.
Analyst Daniel Scott commented, "Yesterday, ARCH reported 2Q adjusted EBITDA of $85.4 million, above our $74 million estimate and consensus of $82 million. This compares to... More
Arch Coal, Inc. (ARCH) Tops Q2 EPS by 16c
July 31, 2018 6:32 AM EDTArch Coal, Inc. (NYSE: ARCH) reported Q2 EPS of $2.06, $0.16 better than the analyst estimate of $1.90. Revenue for the quarter came in at $592.35 million versus the consensus estimate of $525.37 million.
"Arch capitalized on a strong operating performance, robust coking coal markets and an improving... More
