Alliance Res Partners Q2 2024 GAAP EPS $0.77 Misses $0.95 Estimate, Sales $593.350M Miss $632.338M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alliance Resource Partners (NASDAQ: ARLP) reported Q2 2024 earnings of $0.77 per share, missing the analyst estimate of $0.95. Sales were $593.35 million, below the $632.338 million estimate. Both earnings and sales decreased compared to the same period last year.
July 29, 2024 | 11:04 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Alliance Resource Partners reported Q2 2024 earnings of $0.77 per share, missing the analyst estimate of $0.95. Sales were $593.35 million, below the $632.338 million estimate. Both earnings and sales decreased compared to the same period last year.
The significant miss on both earnings and sales estimates, along with a year-over-year decline, is likely to negatively impact ARLP's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100