Descripción de Arch Coal Misses Estimates:
Arch Coal (NYSE:ACI) reported Q4 EPS of $0.29, missing estimates by $0.02. Revenues in the quarter rose 47% year-over-year to $1.23 billion, missing estimates by $70 million Steven F. Leer, Arch's chairman and chief executive officer said, "Arch delivered solid quarterly financial results despite weakening coal market conditions as the fourth quarter progressed. In particular, our Powder River Basin operations rebounded from flood-related disruptions earlier this year. Also, higher realized prices and solid cost control across our diverse operating platform helped to expand our per-ton operating margins versus a year ago." Arch Coal (NYSE:ACI) has potential upside of 43.3% based on a current price of $15.58 and an average consensus analyst price target of $22.33.
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