Alliance Resource Partners LP reports results for the quarter ended September 30 - Earnings Summary

• Alliance Resource Partners LP reported quarterly adjusted earnings of $1.11​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 73 cents. The mean expectation of four analysts for the quarter was for earnings of 85 cents per share. Wall Street expected results to range from 78 cents to 98 cents per share.

• Revenue rose 5.5% to $603.02 million from a year ago; analysts expected $591.47 million.

• Alliance Resource Partners LP's reported EPS for the quarter was $1.08​.

• The company reported quarterly net income of $139.96 million.

• Alliance Resource Partners LP shares had risen by 7.6% this quarter and gained 12.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 11.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the coal peer group is also "buy"

• Wall Street's median 12-month price target for Alliance Resource Partners LP is $31.50, about 17% above its last closing price of $26.14

This summary was machine generated from LSEG data October 26 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)