Alliance Resource Partners (ARLP) Raises Quarterly Dividend 1% to $0.525; 10.7% Yield
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Alliance Resource Partners (ARLP) Misses Q3 EPS by 20c, Revenues Miss; Updates Guidances
October 29, 2018 7:05 AM EDTAlliance Resource Partners (NASDAQ: ARLP) reported Q3 EPS of $0.55, $0.20 worse than the analyst estimate of $0.75. Revenue for the quarter came in at $497.76 million versus the consensus estimate of $504.98 million.
Market Update and Outlook
"Favorable seaborne thermal coal markets continue to create significant opportunities for ARLP," said Mr. Craft. "Around the world, increased coal-fired power generation, strong power demand and lack of supply response point to sustained... More
