Investing.com - Alpha Metallurgical Resources reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Alpha Metallurgical Resources announced earnings per share of $14.21 on revenue of $869.77M. Analysts polled by Investing.com anticipated EPS of $16.84 on revenue of $862.93M.
Alpha Metallurgical Resources shares are down 28% from the beginning of the year and are trading at $177.39 , down-from-52-week-high.
Alpha Metallurgical Resources shares gained 0.10% in intra-day trade the report.
Alpha Metallurgical Resources follows other major Materials sector earnings this month
Alpha Metallurgical Resources's report follows an earnings beat by Vale ADR on October 27, who reported EPS of $0.98 on revenue of $9.93B, compared to forecasts EPS of $0.6671 on revenue of $10.74B.
Air Products had beat expectations on Thursday with fourth quarter EPS of $2.89 on revenue of $3.57B, compared to forecast for EPS of $2.77 on revenue of $3.21B.
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