Arch Resources (ARCH) Q4 Earnings Lag Estimates on Lower Volumes

Arch Resources (ARCH) reported fourth-quarter 2023 operating earnings per share (EPS) of $6.07, which missed the Zacks Consensus Estimate of $6.90 by 12%. The bottom line also declined 73.81% from the year-ago quarter’s figure of $23.18.RevenuesTotal revenues were $774 million, which beat the Zacks Consensus Estimate of $654 million by 18.3%. However, the top line decreased 9.9% from $859 million in the year-ago quarter.ARCH reported total revenues of $3.14 billion for 2023 compared with $3.72 billion in 20 ...