Alpha Metallurgical Resources (AMR) Scheduled to Post Quarterly Earnings on Friday

Posted by ABMN Staff on Oct 31st, 2024

Alpha Metallurgical Resources (NYSE:AMR – Get Free Report) will announce its earnings results before the market opens on Friday, November 1st. Analysts expect the company to announce earnings of $2.01 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Alpha Metallurgical Resources (NYSE:AMR – Get Free Report) last announced its quarterly earnings data on Monday, August 5th. The energy company reported $4.49 EPS for the quarter, beating analysts’ consensus estimates of $4.46 by $0.03. Alpha Metallurgical Resources had a return on equity of 28.63% and a net margin of 13.52%. The company had revenue of $804.00 million during the quarter, compared to the consensus estimate of $733.05 million. During the same quarter in the prior year, the firm earned $12.16 EPS. The company’s quarterly revenue was down 6.3% compared to the same quarter last year. On average, analysts expect Alpha Metallurgical Resources to post $21 EPS for the current fiscal year and $36 EPS for the next fiscal year.

Alpha Metallurgical Resources Stock Performance

Shares of NYSE:AMR opened at $207.33 on Thursday. Alpha Metallurgical Resources has a one year low of $185.00 and a one year high of $452.00. The stock has a fifty day moving average of $218.05 and a 200-day moving average of $270.42. The company has a market capitalization of $2.70 billion, a PE ratio of 5.02 and a beta of 1.30.

Analyst Ratings Changes

A number of equities research analysts have recently commented on AMR shares. B. Riley cut their price objective on Alpha Metallurgical Resources from $374.00 to $336.00 and set a “buy” rating for the company in a research report on Friday, September 6th. Benchmark reiterated a “hold” rating on shares of Alpha Metallurgical Resources in a research report on Wednesday, October 16th.

Read Our Latest Stock Analysis on AMR

About Alpha Metallurgical Resources

(Get Free Report)

Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.