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

Alliance Resource Partners (NASDAQ:ARLP) is set to announce its earnings results before the market opens on Monday, April 29th. Analysts expect the company to announce earnings of $1.00 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Alliance Resource Partners (NASDAQ:ARLP) last issued its quarterly earnings results on Monday, January 29th. The energy company reported $0.88 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 net margin of 24.50% and a return on equity of 34.90%. During the same period 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 Stock Performance

Shares of ARLP opened at $21.15 on Friday. The stock has a market capitalization of $2.71 billion, a P/E ratio of 4.40 and a beta of 1.14. The firm’s fifty day simple moving average is $20.07 and its two-hundred day simple moving average is $20.94. 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 12 month low of $17.05 and a 12 month high of $24.30.

Alliance Resource Partners Announces Dividend

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 given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 13.24%. Alliance Resource Partners’s dividend payout ratio (DPR) is presently 58.21%.

Analyst Upgrades and Downgrades

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

Alliance Resource Partners Company Profile

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.