Alliance Resource Partners, L.P. (NASDAQ:ARLP) is reporting third quarter financial results on Monday 26th October 2020, before market open.
According to analysts surveyed by Thomson Reuters, ARLP is expected to report 3Q20 loss of $ 0.05 per share from revenue of $ 357.65 million.
For the full year, analysts anticipate top line of $ 1297.75 million, while looking forward to loss of $ 1.67 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,650.00 million ~ $ 1,770.00 million
Previous Quarter Performance
Alliance Resource Partners, L.P. outlined loss for the second quarter of $ 0.37 per share, from the revenue of $ 255.20 million. Street analysts expected Alliance Resource Partners, L.P. to report loss of $ 0.43 per share on revenue of $ 219.05 million for the second quarter. The bottom line results beat street analysts by $ 0.06 or 13.95 percent, at the same time, top line results outshined analysts by $ 36.15 million or 16.50 percent.
On Friday, shares of Alliance Resource Partners, L.P. has traded high as $ 3.20 and has cracked $ 2.84 on the downward trend, reaching $ 3.12 with volume of 901.40 thousand shares.
According to the previous trading day, closing price of $ 3.12, representing a 7.22 % increase from the 52 week low of $ 2.63 and a 79.59 % decrease over the 52 week high of $ 13.82.
The company has a market capital of $ 396.85 million and is part of the Basic Materials sector and Coal industry.
Alliance Resource Partners, L.P. will be hosting a conference call at 10:00 AM eastern time on 26th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.arlp.com
Alliance Resource Partners, L.P. produces and markets coal primarily to utilities and industrial users in the United States. The company operates through two segments, Illinois Basin and Appalachia.