Alliance Resource Partners LP Reports 32% Fall In Q3 Profit

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

The company said its bottom line totaled $59.53 million, or $0.46 per share. This was down from $87.51 million, or $0.67 per share, in last year's third quarter.

The company said revenue for the quarter fell 17.9% to $453.19 million. This was down from $552.07 million last year.

Alliance Resource Partners LP earnings at a glance:

-Earnings (Q3): $59.53 Mln. vs. $87.51 Mln. last year. -Earnings Decline (Y-o-Y): -32.0% -EPS (Q3): $0.46 vs. $0.67 last year. -EPS Decline (Y-o-Y): -31.3% -Revenue (Q3): $453.19 Mln vs. $552.07 Mln last year. -Revenue Change (Y-o-Y): -17.9%