Alliance Resource Partners LP Bottom Line Climbs In Q3, Beats estimates

(RTTNews) - Alliance Resource Partners LP (ARLP) revealed earnings for its third quarter that advanced from last year.

The company's earnings came in at $57.55 million, or $0.44 per share. This compares with $27.20 million, or $0.21 per share, in last year's third quarter.

Analysts had expected the company to earn $0.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 16.8% to $415.44 million from $355.65 million last year.

Alliance Resource Partners LP earnings at a glance:

-Earnings (Q3): $57.55 Mln. vs. $27.20 Mln. last year. -EPS (Q3): $0.44 vs. $0.21 last year. -Analysts Estimate: $0.36 -Revenue (Q3): $415.44 Mln vs. $355.65 Mln last year.