Alliance Resource Partners (ARLP) Scheduled to Post Earnings on Monday

Alliance Resource Partners (NASDAQ:ARLP) is scheduled to be posting its quarterly earnings results before the market opens on Monday, October 28th. Analysts expect Alliance Resource Partners to post earnings of $0.82 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Alliance Resource Partners (NASDAQ:ARLP) last announced its earnings results on Monday, July 29th. The energy company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.16). The firm had revenue of $593.35 million during the quarter, compared to the consensus estimate of $624.72 million. Alliance Resource Partners had a return on equity of 27.54% and a net margin of 21.04%. During the same quarter last year, the business earned $1.30 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 $25.10 on Monday. The company has a market capitalization of $3.21 billion, a PE ratio of 5.49 and a beta of 1.13. Alliance Resource Partners has a one year low of $18.32 and a one year high of $26.21. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.53 and a quick ratio of 1.80. The company’s fifty day moving average price is $24.12 and its 200 day moving average price is $23.65.

Alliance Resource Partners Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 14th. Investors of record on Wednesday, August 7th were issued a $0.70 dividend. The ex-dividend date of this dividend was Wednesday, August 7th. This represents a $2.80 annualized dividend and a yield of 11.16%. Alliance Resource Partners’s dividend payout ratio (DPR) is presently 61.27%.

Analyst Ratings Changes

Several research analysts have recently issued reports on ARLP shares. StockNews.com downgraded shares of Alliance Resource Partners from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 31st. Benchmark boosted their price objective on shares of Alliance Resource Partners from $25.00 to $26.00 and gave the stock a “buy” rating in a report on Tuesday, July 30th.

About Alliance Resource Partners

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.