Alpha Metallurgical Resources Inc reports results for the quarter ended December 31 - Earnings Summary

• Alpha Metallurgical Resources Inc AMR.N reported a quarterly adjusted loss of 87 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -16 cents. The mean expectation of four analysts for the quarter was for a loss of $1.01 per share. Wall Street expected results to range from $-1.34 to -58 cents per share.

• Revenue fell 15.7% to $520.47 million from a year ago; analysts expected $532.15 million.

• Alpha Metallurgical Resources Inc's reported EPS for the quarter was a loss of $1.34​.

• The company reported a quarterly loss of $17.27 million.

• Alpha Metallurgical Resources Inc shares had fallen by 15.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1,331.1% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the iron & steel peer group is "buy."

• Wall Street's median 12-month price target for Alpha Metallurgical Resources Inc is $205.00, about 18% above its last closing price of $168.05

This summary was machine generated from LSEG data February 27 at 03:10 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)