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BRISTOL, Va. (AP) _ Alpha Natural Resources inc. (ANR) on Thursday reported a loss of $121.7 million in its fourth quarter.
On a per-share basis, the Bristol, Virginia-based company said it had a loss of 55 cents. Losses, adjusted for one-time gains and costs, came to 50 cents per share.
The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 68 cents per share.
The coal producer posted revenue of $1.07 billion in the period, which also beat Street forecasts. Analysts expected $995 million, according to Zacks.
For the year, the company reported that its loss narrowed to $875 million, or $3.95 per share. Revenue was reported as $4.29 billion.
The company's shares closed at $1.19. A year ago, they were trading at $5.09.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANR at http://www.zacks.com/ap/ANR
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Keywords: Alpha Natural Resources, Earnings Report
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Alpha Natural Resources Inc.
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CODE : ANR |
ISIN : US02076X1028 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Alpha Natural Res. is a producing company based in United states of america. Alpha Natural Res. is listed in Germany and in United States of America. Its market capitalisation is US$ 580.6 millions as of today (€ 502.5 millions). Its stock quote reached its highest recent level on July 25, 2008 at US$ 99.92, and its lowest recent point on February 19, 2021 at US$ 0.02. Alpha Natural Res. has 49 410 000 shares outstanding. |