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 16 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $13.06. The mean expectation of two analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -25 cents to -7 cents per share.

• Revenue fell 35.7% to $617.35 million from a year ago; analysts expected $658.20 million.

• Alpha Metallurgical Resources Inc's reported EPS for the quarter was a loss of 16 cents​.

• The company reported a quarterly loss of $2.13 million.

• Alpha Metallurgical Resources Inc shares had fallen by 25.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 109.4% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the iron & steel peer group is "hold."

Wall Street's median 12-month price target for Alpha Metallurgical Resources Inc is $327.00

This summary was machine generated from LSEG data February 28 at 02:31 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)