Alliance Resource (ARLP) Q3 Earnings Lag Estimates, View Cut

NRP ARLP HCC CEIX

lliance Resource Partners, L.P. (ARLP - Free Report) reported third-quarter 2019 operating earnings of 39 cents per unit, lagging the Zacks Consensus Estimate of 46 cents by 15.2%.

Total Revenues

Total revenues in the reported quarter were $465 million, missing the Zacks Consensus Estimate of $503 million by 7.7%. The reported revenues also declined 6.6% year over year.

The year-over-year decline in the top line was due to reduced coal sales volumes and prices.

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