Arch Resources Swings to Q3 Net Loss, Revenue Falls

MT Newswires Live11-05

Arch Resources (ARCH) reported a Q3 net loss Tuesday of $0.34 per diluted share, swinging from earnings of $3.91 a year earlier.

Four analysts polled by Capital IQ expected earnings of $1.89 per share.

Revenue for the quarter ended Sept. 30 was $617.9 million, down from $744.6 million a year earlier.

The analysts surveyed by Capital IQ expected $587.7 million.

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