Alliance Resource (ARLP) Q4 Earnings & Sales Miss Estimates

Alliance Resource Partners, L.P. (ARLP) reported fourth-quarter 2023 operating earnings per unit (EPU) of 88 cents, which missed the Zacks Consensus Estimate of $1.14 by 22.8%. The bottom line also declined 46% from the year-ago quarter’s $1.63.The firm reported full-year 2023 EPU of $4.81, up 9.6% from the previous year’s figure of $4.39.RevenuesTotal revenues were $625.4 million, which missed the Zacks Consensus Estimate of $673 million by 7.1%. The top line also decreased 11.2% from $704.2 million report ...