Westmoreland Coal Company (WLB) Scheduled to Post Quarterly Earnings on Monday
Westmoreland Coal Company (NASDAQ:WLB) will be announcing its earnings results before the market opens on Monday, July 31st. Analysts expect the company to announce earnings of ($0.39) per share for the quarter.
Westmoreland Coal (NASDAQ:WLB) last released its quarterly earnings data on Monday, May 15th. The coal producer reported ($1.98) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.58) by $1.40. The business had revenue of $339.74 million for the quarter, compared to analysts’ expectations of $349.35 million. On average, analysts expect Westmoreland Coal to post $-2.51 EPS for the current fiscal year and $-1.51 EPS for the next fiscal year.
Westmoreland Coal Company (NASDAQ WLB) opened at 4.21 on Monday. Westmoreland Coal Company has a 12-month low of $4.14 and a 12-month high of $19.92. The firm’s market capitalization is $78.57 million. The firm has a 50 day moving average of $4.92 and a 200 day moving average of $11.57.
Several equities research analysts have recently issued reports on the company. Zacks Investment Research raised Westmoreland Coal from a “sell” rating to a “hold” rating in a research report on Wednesday, June 28th. FBR & Co set a $8.00 target price on Westmoreland Coal and gave the company a “buy” rating in a research report on Saturday, June 24th. ValuEngine lowered Westmoreland Coal from a “sell” rating to a “strong sell” rating in a research report on Tuesday, June 6th. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $18.00 target price on shares of Westmoreland Coal in a research report on Monday, April 24th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $15.33.
Westmoreland Coal Company Profile
Westmoreland Coal Company is an energy company. The Company operates through six segments: Coal-U.S., Coal-Canada, Coal-(WMLP), Power, Heritage and Corporate. The Coal-U.S. segment includes the operations of coal mines located in Montana, North Dakota, Ohio, Texas and New Mexico. The Coal-Canada segment includes the operations of coal mines located in Alberta and Saskatchewan.
Receive News & Ratings for Westmoreland Coal Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westmoreland Coal Company and related companies with MarketBeat.com's FREE daily email newsletter.