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Arch Coal: 2Q Earnings Snapshot

July 24, 2019

ST LOUIS (AP) _ Arch Coal Inc. (ARCH) on Wednesday reported second-quarter profit of $62.8 million.

On a per-share basis, the St. Louis-based company said it had net income of $3.53.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.31 per share.

The coal producer posted revenue of $570.2 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $553.9 million.

Arch Coal shares have climbed 9% since the beginning of the year. The stock has climbed 13% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARCH at https://www.zacks.com/ap/ARCH

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