Investing.com - Arch Resources reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Arch Resources announced earnings per share of $19.3 on revenue of $1.13B. Analysts polled by Investing.com anticipated EPS of $23.41 on revenue of $1.06B.
Arch Resources shares are down 17.73% from the beginning of the year and are trading at $139.00 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Arch Resources shares lost 3.86% in pre-market trade following the report.
Arch Resources follows other major Energy sector earnings this month
Arch Resources's report follows an earnings beat by Shell ADR on Thursday, who reported EPS of $3.08 on revenue of $100.06B, compared to forecasts EPS of $2.75 on revenue of $94.53B.
TotalEnergies SE ADR had beat expectations on Thursday with second quarter EPS of $3.75 on revenue of $70.45B, compared to forecast for EPS of $3.7 on revenue of $63.44B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar