Alliance Resource Partners LP Earnings Climb 8% In Q3

(RTTNews) - Alliance Resource Partners LP (ARLP) announced a profit for its third quarter that advanced from last year.

The company said its bottom line totaled $89.78 million, or $0.91 per share. This was higher than $83.38 million, or $0.61 per share, in last year's third quarter.

Analysts had expected the company to earn $0.73 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.5% to $552.07 million. This was down from $566.45 million last year.

Alliance Resource Partners LP earnings at a glance:

-Earnings (Q3): $89.78 Mln. vs. $83.38 Mln. last year. -Earnings Growth (Y-o-Y): 7.7% -EPS (Q3): $0.91 vs. $0.61 last year. -EPS Growth (Y-o-Y): 49.2% -Analysts Estimate: $0.73 -Revenue (Q3): $552.07 Mln vs. $566.45 Mln last year. -Revenue Change (Y-o-Y): -2.5%