Alliance Resource Partners, L.P. (NASDAQ:ARLP) will post its quarterly earnings results before the market opens on Monday, July 24th. Analysts expect Alliance Resource Partners, L.P. to post earnings of $0.78 per share for the quarter.

Alliance Resource Partners, L.P. (NASDAQ:ARLP) last released its quarterly earnings results on Monday, May 1st. The energy company reported $1.10 EPS for the quarter, beating the consensus estimate of $0.81 by $0.29. Alliance Resource Partners, L.P. had a net margin of 20.05% and a return on equity of 37.37%. The firm had revenue of $461.08 million during the quarter, compared to the consensus estimate of $455.55 million. During the same quarter in the prior year, the firm earned $0.36 EPS. Alliance Resource Partners, L.P.’s revenue for the quarter was up 11.7% on a year-over-year basis. On average, analysts expect Alliance Resource Partners, L.P. to post $3.25 EPS for the current fiscal year and $2.36 EPS for the next fiscal year.

Shares of Alliance Resource Partners, L.P. (ARLP) opened at 20.90 on Monday. Alliance Resource Partners, L.P. has a 52-week low of $17.10 and a 52-week high of $26.65.

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ARLP has been the topic of several research analyst reports. Zacks Investment Research cut Alliance Resource Partners, L.P. from a “buy” rating to a “sell” rating in a research note on Tuesday, April 4th. FBR & Co restated an “outperform” rating and set a $29.00 price objective (up from $27.00) on shares of Alliance Resource Partners, L.P. in a research note on Tuesday, May 2nd. BidaskClub upgraded Alliance Resource Partners, L.P. from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 13th. Finally, ValuEngine cut Alliance Resource Partners, L.P. from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 22nd. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Alliance Resource Partners, L.P. has an average rating of “Buy” and an average target price of $26.93.

Alliance Resource Partners, L.P. Company Profile

Alliance Resource Partners, L.P. is a producer and marketer of coal primarily to the United States utilities and industrial users. The Company operates through segments, including Illinois Basin, Appalachia, and Other and Corporate. The Illinois Basin segment consists of various operating segments, including Webster County Coal, LLC’s Dotiki mining complex, Gibson County Coal, LLC’s mining complex, which includes the Gibson North mine and Gibson South mine, Hopkins County Coal, LLC’s mining complex, which includes the Elk Creek mine, the Pleasant View surface mineable reserves and the Fies property, White County Coal, LLC’s, Pattiki mining complex, Warrior Coal, LLC’s mining complex, Sebree Mining, LLC’s mining complex, which includes the Onton mine and River View Coal, LLC mining complex.

Earnings History for Alliance Resource Partners, L.P. (NASDAQ:ARLP)

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