Arch Coal: 4Q Earnings Snapshot
ST LOUIS (AP) _ Arch Coal Inc. (ARCH) on Thursday reported a fourth-quarter loss of $8.6 million, after reporting a profit in the same period a year earlier.
The St. Louis-based company said it had a loss of 57 cents per share. Losses, adjusted for non-recurring costs, came to 10 cents per share.
The coal producer posted revenue of $549.5 million in the period.
For the year, the company reported profit of $233.8 million, or $13.52 per share. Revenue was reported as $2.29 billion.
Arch Coal shares have fallen 18% since the beginning of the year. The stock has dropped 34% in the last 12 months.