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

Alliance Resource Partners (NASDAQ:ARLP) will 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. Parties that wish to register for the company’s conference call can do so using this link.

Alliance Resource Partners (NASDAQ:ARLP) last posted its quarterly earnings data on Monday, January 29th. The energy company reported $0.88 EPS for the quarter, missing the consensus estimate of $1.14 by ($0.26). Alliance Resource Partners had a return on equity of 34.90% and a net margin of 24.50%. The company had revenue of $625.42 million during the quarter, compared to the consensus estimate of $672.54 million. During the same period last year, the business earned $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 Down 1.6 %

NASDAQ ARLP opened at $21.15 on Friday. The stock’s 50-day moving average price is $20.07 and its 200-day moving average price is $20.95. The company has a quick ratio of 1.71, a current ratio of 2.27 and a debt-to-equity ratio of 0.18. Alliance Resource Partners has a 52 week low of $17.05 and a 52 week high of $24.30. The company has a market capitalization of $2.71 billion, a P/E ratio of 4.40 and a beta of 1.14.

Alliance Resource Partners Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Wednesday, May 8th will be paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 13.24%. Alliance Resource Partners’s dividend payout ratio (DPR) is presently 58.21%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Alliance Resource Partners from a “strong-buy” rating to a “buy” rating in a research note 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.