Analysts predict that Arch Coal, Inc. Class A (NASDAQ:ARCH) will announce $2.50 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Arch Coal, Inc. Class A’s earnings. The lowest EPS estimate is $2.13 and the highest is $2.98. The firm is expected to report its next earnings results on Thursday, October 26th.

On average, analysts expect that Arch Coal, Inc. Class A will report full-year earnings of $8.88 per share for the current year, with EPS estimates ranging from $8.45 to $9.66. For the next fiscal year, analysts expect that the business will report earnings of $7.53 per share, with EPS estimates ranging from $4.75 to $10.09. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that cover Arch Coal, Inc. Class A.

Arch Coal, Inc. Class A (NASDAQ:ARCH) last announced its earnings results on Thursday, July 27th. The energy company reported $1.85 EPS for the quarter, missing the Zacks’ consensus estimate of $1.92 by $0.07. The firm had revenue of $549.87 million for the quarter, compared to analysts’ expectations of $596.76 million. The company’s revenue was up 30.8% on a year-over-year basis.

Several research firms have recently commented on ARCH. Stifel Nicolaus reduced their price target on Arch Coal, Inc. Class A from $96.00 to $92.00 and set a “buy” rating for the company in a report on Friday, May 19th. Seaport Global Securities reissued a “buy” rating on shares of Arch Coal, Inc. Class A in a report on Thursday, July 27th. Jefferies Group LLC set a $90.00 price target on Arch Coal, Inc. Class A and gave the company a “buy” rating in a report on Friday. FBR & Co raised their price target on Arch Coal, Inc. Class A from $103.00 to $105.00 and gave the company an “outperform” rating in a report on Monday, May 15th. Finally, MKM Partners reissued a “buy” rating and issued a $89.00 price target (up from $86.00) on shares of Arch Coal, Inc. Class A in a report on Tuesday, May 9th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $91.67.

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Shares of Arch Coal, Inc. Class A (ARCH) traded up 1.21% during trading on Friday, reaching $74.69. 370,011 shares of the company were exchanged. The firm has a market capitalization of $1.82 billion and a P/E ratio of 1.04. The firm’s 50 day moving average is $73.93 and its 200 day moving average is $71.07. Arch Coal, Inc. Class A has a 1-year low of $59.05 and a 1-year high of $86.47.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 31st will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This is a boost from Arch Coal, Inc. Class A’s previous quarterly dividend of $0.03. This represents a $1.40 annualized dividend and a yield of 1.87%.

Institutional investors have recently modified their holdings of the company. Ameritas Investment Partners Inc. purchased a new position in shares of Arch Coal, Inc. Class A during the second quarter valued at about $131,000. The Manufacturers Life Insurance Company boosted its position in shares of Arch Coal, Inc. Class A by 2,415.5% in the second quarter. The Manufacturers Life Insurance Company now owns 16,753 shares of the energy company’s stock valued at $1,144,000 after buying an additional 16,087 shares in the last quarter. State Street Corp boosted its position in shares of Arch Coal, Inc. Class A by 10.3% in the second quarter. State Street Corp now owns 727,886 shares of the energy company’s stock valued at $49,711,000 after buying an additional 67,821 shares in the last quarter. Royal Bank of Canada boosted its position in shares of Arch Coal, Inc. Class A by 140.6% in the second quarter. Royal Bank of Canada now owns 1,655 shares of the energy company’s stock valued at $113,000 after buying an additional 967 shares in the last quarter. Finally, Voya Investment Management LLC purchased a new position in shares of Arch Coal, Inc. Class A during the second quarter valued at about $696,000.

Arch Coal, Inc. Class A Company Profile

Arch Coal, Inc is a coal producer. The Company is engaged in the production of thermal and metallurgical coal from surface and underground mines located throughout the United States, for sale to utility, industrial and steel producers both in the United States and around the world. The Company operates mining complexes in West Virginia, Kentucky, Maryland, Virginia, Illinois, Wyoming and Colorado.

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Earnings History and Estimates for Arch Coal, Inc. Class A (NASDAQ:ARCH)

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