Published on 25 Apr 2024 on GuruFocus.com via Yahoo Finance
Arch Resources Inc. (ARCH) Q1 2024 Earnings: Misses EPS Estimates, Declines in Revenue and Net ...
Net Income: Reported at $56.0 million, falling short of the estimated $64.79 million.Earnings Per Share (EPS): Achieved $2.98, below the estimated $3.49.Revenue: Totaled $680.2 million, surpassing the estimated $596.59 million.Dividend: Declared a quarterly cash dividend of $20.7 million, or $1.11 per share.Share Repurchases: Reduced diluted share count by an incremental 3% during the quarter.Adjusted EBITDA: Recorded at $102.9 million, compared to $277.3 million in the same quarter the previous year.Capital Return Program: Continued with a total deployment of more than $1.3 billion since February 2022, emphasizing share buybacks.
Warning! GuruFocus has detected 2 Warning Sign with ARCH.