Arch Resources (ARCH) Misses Q2 Earnings Estimates

Arch Resources (ARCH) came out with quarterly earnings of $0.81 per share, missing the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $4.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -38.17%. A quarter ago, it was expected that this coal producer would post earnings of $2.79 per share when it actually produced earnings of $2.98, delivering a surprise of 6.81%.Over the last four quarters, the com ...