UPDATE: Alpha Natural Resources Swings To Q2 Loss; Shares Down In Pre-Market

Alpha Natural Resources Inc ANR swung to a second-quarter loss. Alpha posted a quarterly loss of $56.4 million, or $0.36 per share, versus a year-ago profit of $38.8 million, or $0.32 per share. Excluding one-time items, Alpha's income from continuing operations came in at $0.96 per share. Its revenue climbed 59% to $1.59 billion. However, analysts were expecting earnings of $1.08 per share on revenue of $1.51 billion. Alpha shares dropped 5.19% to $38.00 in pre-market trading.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EarningsNewsCoal & Consumable FuelsEarningsEnergy
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!