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ENGLEWOOD, Colo. (AP) _ Westmoreland Coal Co. (WLB) on Friday reported a loss of $46.6 million in its third quarter.
The Englewood, Colorado-based company said it had a loss of $2.59 per share. Losses, adjusted for one-time gains and costs, were $1.18 per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 63 cents per share.
The wireless spectrum license company posted revenue of $349.8 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $378.4 million.
Westmoreland shares have decreased 63 percent since the beginning of the year. The stock has decreased 64 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WLB at http://www.zacks.com/ap/WLB
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Keywords: Westmoreland Coal, Earnings Report
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Westmoreland Coal Co.
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CODE : WLB |
ISIN : US9608781061 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Westmoreland Coal is a coal producing company based in United states of america. Westmoreland Coal is listed in United States of America. Its market capitalisation is US$ 2.8 millions as of today (€ 2.3 millions). Its stock quote reached its highest recent level on May 18, 2012 at US$ 9.99, and its lowest recent point on April 24, 2018 at US$ 0.15. Westmoreland Coal has 18 744 151 shares outstanding. |