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Alliance Resource Partners LP (ARLP) reported earnings for its fourth quarter that increased from last year but missed the Street estimates.


RTTNews | Jan 31, 2022 07:08AM EST

07:07 Monday, January 31, 2022 (RTTNews.com) - Alliance Resource Partners LP (ARLP) reported earnings for its fourth quarter that increased from last year but missed the Street estimates.

The company's earnings totaled $51.83 million, or $0.40 per share. This compares with $35.03 million, or $0.27 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $0.69 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 29.2% to $473.47 million from $366.51 million last year.

Alliance Resource Partners LP earnings at a glance (GAAP) :

-Earnings (Q4): $51.83 Mln. vs. $35.03 Mln. last year.-EPS (Q4): $0.40 vs. $0.27 last year.-Analyst Estimate: $0.69-Revenue (Q4): $473.47 Mln vs. $366.51 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3258649/alliance-resource-partners-lp-reveals-advance-in-q4-bottom-line-but-misses-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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