Stock Track | Arch Resources Stock Soars Despite Earnings Miss

Stock Track11-06

Arch Resources Inc.'s stock surged 7.36% on Tuesday, despite the company reporting lower-than-expected earnings for the third quarter of 2024. The coal producer's shares rebounded after an initial sell-off, as investors appeared to focus on analysts' continued positive outlook for the company.

For the quarter ended September 30, Arch Resources reported adjusted earnings of $0.41 per share, missing the average analyst estimate of $1.83 per share. Revenue also fell short, declining 17% year-over-year to $617.9 million, compared to the expected $587.71 million.

Analysts had been lowering their earnings estimates for Arch Resources in recent months, with the mean estimate falling by nearly 50% in the last three months. However, the company's "buy" rating remained intact, with four analysts recommending a "strong buy" or "buy" and only two rating it a "hold".

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1120319938?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-06 22:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1120319938","market":"us","top_or_hot":-1,"title":"Stock Track | Arch Resources Stock Soars Despite Earnings Miss","media":"Stock Track","content":"<p>Arch Resources Inc.'s stock surged 7.36% on Tuesday, despite the company reporting lower-than-expected earnings for the third quarter of 2024. The coal producer's shares rebounded after an initial sell-off, as investors appeared to focus on analysts' continued positive outlook for the company.</p>\n\n<p>For the quarter ended September 30, Arch Resources reported adjusted earnings of $0.41 per share, missing the average analyst estimate of $1.83 per share. Revenue also fell short, declining 17% year-over-year to $617.9 million, compared to the expected $587.71 million.</p>\n\n<p>Analysts had been lowering their earnings estimates for Arch Resources in recent months, with the mean estimate falling by nearly 50% in the last three months. However, the company's \"buy\" rating remained intact, with four analysts recommending a \"strong buy\" or \"buy\" and only two rating it a \"hold\".</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Arch Resources Stock Soars Despite Earnings Miss</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Arch Resources Stock Soars Despite Earnings Miss\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-06 22:44 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Arch Resources Inc.'s stock surged 7.36% on Tuesday, despite the company reporting lower-than-expected earnings for the third quarter of 2024. The coal producer's shares rebounded after an initial ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARCH","symbol_name":"Arch Resources Inc.","start_time":0,"source_url":"","article_id":"1120319938","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1120319938","pubTimestamp":1730904294,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Arch Resources Inc.'s stock surged 7.36% on Tuesday, despite the company reporting lower-than-expected earnings for the third quarter of 2024. The coal producer's shares rebounded after an initial sell-off, as investors appeared to focus on analysts' continued positive outlook for the company.For the quarter ended September 30, Arch Resources reported adjusted earnings of $0.41 per share, missing the average analyst estimate of $1.83 per share. Revenue also fell short, declining 17% year-over-ye","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARCH":"Arch Resources Inc."},"translate_title":"尽管盈利未达预期，Arch Resources股价仍飙升","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARCH":1},"content_text":"Arch Resources Inc.'s stock surged 7.36% on Tuesday, despite the company reporting lower-than-expected earnings for the third quarter of 2024. The coal producer's shares rebounded after an initial sell-off, as investors appeared to focus on analysts' continued positive outlook for the company.\nFor the quarter ended September 30, Arch Resources reported adjusted earnings of $0.41 per share, missing the average analyst estimate of $1.83 per share. Revenue also fell short, declining 17% year-over-year to $617.9 million, compared to the expected $587.71 million.\nAnalysts had been lowering their earnings estimates for Arch Resources in recent months, with the mean estimate falling by nearly 50% in the last three months. However, the company's \"buy\" rating remained intact, with four analysts recommending a \"strong buy\" or \"buy\" and only two rating it a \"hold\".","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1120319938"}