Arch Coal, Inc. (ARCH) Tops Q2 EPS by 16c
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Arch Coal, Inc. Reports Second Quarter 2018 Results
July 31, 2018 6:30 AM EDTST. LOUIS, July 31, 2018 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ARCH) today reported net income of $43.3 million, or $2.06 per diluted share, in the second quarter of 2018, compared with net income of  $37.2 million, or $1.48 per diluted share, in the prior-year period. The company earned adjusted earnings before interest, taxes, depreciation, depletion, amortization and non-operating expenses ("adjusted EBITDA") 1 of $85.4 million in the second quarter of 2018, which includes a $15.1 million non-cash mark-to-market loss associated with the company's coal hedging activities. This compares to $95.6 million of adjusted EBITDA recorded in the second quarter of 2017. Revenues totaled $592.3... More
