Alpha Metallurgical Resources Reduces Full Year 2023 Guidance For Thermal Coal Volumes Within Met Segment
Portfolio Pulse from Benzinga Newsdesk
Alpha Metallurgical Resources has reduced its full year 2023 guidance for thermal coal volumes within its Met segment.
August 04, 2023 | 3:15 pm
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Alpha Metallurgical Resources' decision to reduce its 2023 guidance for thermal coal volumes could negatively impact its future earnings and stock price.
The reduction in guidance for thermal coal volumes indicates that Alpha Metallurgical Resources expects lower production or sales in this segment, which could lead to lower revenues and earnings. This could negatively impact the company's stock price.
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