Arch Coal, Inc. Class A (NASDAQ:ARCH) – Stock analysts at B. Riley issued their Q4 2017 earnings per share (EPS) estimates for shares of Arch Coal, Inc. Class A in a research report issued on Wednesday. B. Riley analyst L. Pipes forecasts that the energy company will post earnings of $2.07 per share for the quarter. B. Riley currently has a “Buy” rating on the stock. B. Riley also issued estimates for Arch Coal, Inc. Class A’s Q1 2018 earnings at $1.59 EPS, Q2 2018 earnings at $1.26 EPS, Q3 2018 earnings at $1.21 EPS, Q4 2018 earnings at $1.33 EPS, FY2018 earnings at $5.38 EPS and FY2019 earnings at $4.77 EPS.

Arch Coal, Inc. Class A (NASDAQ:ARCH) last issued its earnings results on Tuesday, October 31st. The energy company reported $2.54 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.58 by $0.96. The business had revenue of $613.53 million for the quarter, compared to analyst estimates of $550.35 million. The firm’s revenue was up 11.5% compared to the same quarter last year. During the same period in the previous year, the firm posted ($1.43) EPS. ILLEGAL ACTIVITY WARNING: This article was first published by Daily Political and is owned by of Daily Political. If you are reading this article on another website, it was illegally stolen and reposted in violation of international trademark & copyright laws. The legal version of this article can be accessed at https://www.dailypolitical.com/2017/11/06/arch-coal-inc-class-a-expected-to-earn-q4-2017-earnings-of-2-07-per-share-arch.html.

ARCH has been the subject of several other research reports. Clarkson Capital reaffirmed a “buy” rating on shares of Arch Coal, Inc. Class A in a research note on Thursday, July 27th. MKM Partners reaffirmed a “buy” rating and issued a $104.00 price objective on shares of Arch Coal, Inc. Class A in a research note on Tuesday, September 12th. FBR & Co reaffirmed a “buy” rating on shares of Arch Coal, Inc. Class A in a research note on Tuesday, October 31st. Stifel Nicolaus reaffirmed a “buy” rating and issued a $92.00 price objective on shares of Arch Coal, Inc. Class A in a research note on Friday, July 21st. Finally, J P Morgan Chase & Co raised Arch Coal, Inc. Class A from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $80.00 to $90.00 in a research note on Thursday, August 31st. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Arch Coal, Inc. Class A presently has an average rating of “Buy” and a consensus price target of $93.00.

Arch Coal, Inc. Class A (NASDAQ ARCH) opened at $79.38 on Monday.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Thursday, November 30th will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.76%. The ex-dividend date is Wednesday, November 29th.

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in Arch Coal, Inc. Class A by 10.5% in the second quarter. Vanguard Group Inc. now owns 1,801,011 shares of the energy company’s stock valued at $123,010,000 after acquiring an additional 171,751 shares during the last quarter. BlackRock Inc. boosted its holdings in Arch Coal, Inc. Class A by 242.4% in the second quarter. BlackRock Inc. now owns 1,415,537 shares of the energy company’s stock valued at $96,680,000 after acquiring an additional 1,002,176 shares during the last quarter. Davidson Kempner Capital Management LP boosted its holdings in Arch Coal, Inc. Class A by 51.2% in the second quarter. Davidson Kempner Capital Management LP now owns 999,951 shares of the energy company’s stock valued at $68,297,000 after acquiring an additional 338,500 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Arch Coal, Inc. Class A by 2.3% in the second quarter. Bank of New York Mellon Corp now owns 995,469 shares of the energy company’s stock valued at $67,989,000 after acquiring an additional 22,752 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in Arch Coal, Inc. Class A by 25.1% in the second quarter. Ameriprise Financial Inc. now owns 812,195 shares of the energy company’s stock valued at $55,674,000 after acquiring an additional 162,743 shares during the last quarter.

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 and Estimates for Arch Coal, Inc. Class A (NASDAQ:ARCH)

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