Alliance Resource Partners
The 10-second takeaway
For the quarter ended March 31 (Q1), Alliance Resource Partners missed estimates on revenue and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue improved and GAAP earnings per share dropped significantly.
Margins contracted across the board.
Alliance Resource Partners notched revenue of $443.6 million. The seven analysts polled by S&P Capital IQ expected a top line of $482.9 million on the same basis. GAAP reported sales were 4.8% higher than the prior-year quarter's $423.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.54. The eight earnings estimates compiled by S&P Capital IQ predicted $1.59 per share. GAAP EPS of $1.54 for Q1 were 23% lower than the prior-year quarter's $1.99 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 33.7%, 270 basis points worse than the prior-year quarter. Operating margin was 20.7%, 380 basis points worse than the prior-year quarter. Net margin was 12.9%, 470 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $520.0 million. On the bottom line, the average EPS estimate is $1.67.
Next year's average estimate for revenue is $2.10 billion. The average EPS estimate is $7.18.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 695 members out of 717 rating the stock outperform, and 22 members rating it underperform. Among 182 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 178 give Alliance Resource Partners a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Alliance Resource Partners is outperform, with an average price target of $83.67.
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