Arch Coal Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Arch Coal Inc. (ARCH) reported earnings for its third quarter that advanced from last year.

The company's earnings came in at $123.19 million, or $6.10 per share. This compares with $68.35 million, or $2.83 per share, in last year's third quarter.

Excluding items, Arch Coal Inc. reported adjusted earnings of $127.87 million or $6.33 per share for the period.

Analysts had expected the company to earn $3.09 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.2% to $633.18 million from $613.54 million last year.

Arch Coal Inc. earnings at a glance:

-Earnings (Q3): $127.87 Mln. vs. $62.11 Mln. last year. -EPS (Q3): $6.33 vs. $2.57 last year. -Analysts Estimate: $3.09 -Revenue (Q3): $633.18 Mln vs. $613.54 Mln last year.