Arch Resources (ARCH) Q3 Earnings & Sales Beat Estimates

OKE ARLP ARCH CEIX

Arch Resources Inc. (ARCH - Free Report) reported third-quarter 2023 operating earnings per share (EPS) of $3.91, which surpassed the Zacks Consensus Estimate of $3.26 by 19.9%. The bottom line, however, declined 54.9% from the year-ago quarter’s $8.68.

Revenues

Total revenues were $744.6 million, which beat the Zacks Consensus Estimate of $608 million by 22.5%. The top line, however, decreased 13.8% from $863.8 million in the year-ago quarter.

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