Alliance Resource Partners (ARLP) Set to Announce Quarterly Earnings on Monday

Alliance Resource Partners (NASDAQ:ARLP) will be issuing its quarterly earnings data before the market opens on Monday, April 29th. Analysts expect the company to announce earnings of $1.00 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Alliance Resource Partners (NASDAQ:ARLP) last released its earnings results on Monday, January 29th. The energy company reported $0.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.26). The firm had revenue of $625.42 million for the quarter, compared to the consensus estimate of $672.54 million. Alliance Resource Partners had a return on equity of 34.90% and a net margin of 24.50%. During the same quarter last year, the company posted $1.63 EPS. On average, analysts expect Alliance Resource Partners to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Alliance Resource Partners Price Performance

ARLP stock opened at $21.15 on Friday. The stock has a 50-day moving average price of $20.07 and a two-hundred day moving average price of $20.94. The stock has a market cap of $2.71 billion, a PE ratio of 4.40 and a beta of 1.14. The company has a current ratio of 2.27, a quick ratio of 1.71 and a debt-to-equity ratio of 0.18. Alliance Resource Partners has a 1 year low of $17.05 and a 1 year high of $24.30.

Alliance Resource Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 8th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 13.24%. Alliance Resource Partners’s payout ratio is 58.21%.

Analysts Set New Price Targets

Separately, StockNews.com cut Alliance Resource Partners from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 6th.

About Alliance Resource Partners

Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties.