Arch Coal, Inc. Class A (NASDAQ:ARCH) issued its quarterly earnings data on Tuesday. The energy company reported $2.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.96, Bloomberg Earnings reports. The firm had revenue of $613.53 million during the quarter, compared to analysts’ expectations of $550.35 million. During the same period in the previous year, the firm earned ($1.43) EPS. The firm’s quarterly revenue was up 11.5% on a year-over-year basis.

Arch Coal, Inc. Class A (ARCH) traded up 3.19% during mid-day trading on Wednesday, reaching $78.86. 38,843 shares of the company’s stock traded hands. The stock’s 50 day moving average is $72.99 and its 200-day moving average is $72.54. Arch Coal, Inc. Class A has a 52 week low of $60.13 and a 52 week high of $86.47. The stock has a market capitalization of $1.92 billion and a PE ratio of 1.10.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 30th will be given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date is Wednesday, November 29th.

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ARCH has been the topic of a number of analyst reports. Stifel Nicolaus set a $92.00 price objective on shares of Arch Coal, Inc. Class A and gave the stock a “buy” rating in a research report on Friday, August 25th. MKM Partners reaffirmed a “buy” rating and issued a $98.00 price objective (up previously from $93.00) on shares of Arch Coal, Inc. Class A in a research report on Thursday, August 24th. Jefferies Group LLC set a $90.00 price objective on shares of Arch Coal, Inc. Class A and gave the stock a “buy” rating in a research report on Friday, August 18th. Clarkson Capital reaffirmed a “buy” rating on shares of Arch Coal, Inc. Class A in a research report on Thursday, July 27th. Finally, Seaport Global Securities reaffirmed a “buy” rating on shares of Arch Coal, Inc. Class A in a research report on Thursday, July 27th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $93.00.

About Arch Coal, Inc. Class A

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.

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

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