Alliance Resource Partners LP Earnings Fall 56% In Q1

(RTTNews) - Alliance Resource Partners LP (ARLP) revealed a profit for first quarter that lost ground from last year.

The company said its earnings totaled $47.31 million, or $0.36 per share. This was lower than $106.48 million, or $0.92 per share, in last year's first quarter.

Analysts had expected the company to earn $0.44 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 26.3% to $412.83 million. This was down from $560.42 million last year.

Alliance Resource Partners LP earnings at a glance:

-Earnings (Q1): $47.31 Mln. vs. $106.48 Mln. last year. -Earnings Decline (Y-o-Y): -55.6% -EPS (Q1): $0.36 vs. $0.92 last year. -EPS Decline (Y-o-Y): -60.9% -Analysts Estimate: $0.44 -Revenue (Q1): $412.83 Mln vs. $560.42 Mln last year. -Revenue Change (Y-o-Y): -26.3%