What is Noble Financial's Estimate for ARLP Q4 Earnings?

What is Noble Financial's Estimate for ARLP Q4 Earnings?
October 31st, 2024

Alliance Resource Partners has seen a reduction in its Q4 2024 earnings per share estimates by analysts at Noble Financial in a report released on October 29th year. Analyst M.Reichman now predicts that the energy company will report earnings of $ 𝟬. 𝟲𝟭 Per share for the quarter—a drop from their estimate of 𝗣𝗿𝗲 vious estimate of 𝟬. 𝟳ᴪ. The consensus among analysts is that Alliance Resource Partners is expected to achieve full year earnings of 𝟯. 𝟳ᴼ, per share this year. Noble Financial has predicted that Alliance Resource Partners is expected to earn $ 86 cents, per share in the quarter of 2025.

Alliance Resource Partners disclosed their quarterly financial results on Monday the 28th of October with an EPS of $ 66 for the quarter which fell short of the expected consensus by 16 cents at $.82 The company generated revenue totaling to approximately 613 point five seven billion dollars during this period versus analysts projections of six hundred and forty six point one seven billion dollars Alliance Resource Partners demonstrated a return on equity, at twenty seven point fifty four percent and maintained a net margin of twenty one point zero four percentIn the quarter a year ago the company made $ 4 earnings, per share.

Several research reports have focused on ARLP recently. Benchmark increased their target price on Alliance Resource Partners shares from $26 to $27. Recommended buying the stock in their report issued on Tuesday. On Wednesday July 31st StockNews.com downgraded Alliance Resource Partners rating from "buy" to "buy".

Check out our update, on Alliance Resource Partners.

On Thursday mornings trading session at the market opening bell starting price for Alliance Resource Partners (ARLP) was $25 and 63 cents. The company holds a market capitalization value of $3 billion and 280 million dollars with a price to equity ratio of 7 and 28 hundredths and a beta value of 1 and 13 hundredths. With its shares on the move over the fifty days averaging around $24 and 43 cents along with its two hundred day moving average standing at roughly $23 and 9 tenths. Over the year in stock performance analysis—Alliance Resource Partners range from a low point of $18 to the highest peak of $26. Examining the financial health indicators—ARLP showcases liquidity metrics with a quick ratio at 1 point 8 times industry average while its current ratio is comfortably positioned at two and a half times industry average; furthermore maintaining a conservative leverage position with debt, to equity ratio recorded as point twenty four to one indicating prudent financial management practices.

Several large investors have made changes to their stock holdings recently in Alliance Resource Partners Inc. with Continuum Advisory LLC acquiring a position, in the company during the second quarter valued at around $27k and Beacon Capital Management LLC increasing its ownership by 135%. Beacon Capital now holds 1,462 shares of the energy firms stock $36k after purchasing an additional 842 shares in the last quarter. During the quarter of the year Cove Street Capital LLC acquired a stake in Alliance Resource Partners worth, around $49k while Mather Group LLC also invested around $51k in the same period and Pathway Financial Advisers LLC joined in the first quarter with an investment of about $54k. Hedge funds and other institutional investors collectively own 18.11 % of the companys stock.

The company also just announced a dividend that is scheduled to be distributed on Thursday the 14th of November this year to shareholders who are on record as of Thursday the 7th of November and will receive a dividend payment of 70 cents per share in their possession which translates to an annualized dividend amount of 2 dollars and 80 cents with a yield percentage of approximately 10 point 92 percent for investors to consider discerningly as they analyze Alliance Resource Partnerss current payout ratio standing at, around 79 point 55 percent.

Alliance Resource Partners is a natural resource company that focuses on producing and selling coal to utility companies and industrial users in the United States market. The company is structured into four segments which include Illinois Basin Coal Operations and Appalachia Coal Operations as its primary coal producing divisions along with Oil & Gas Royalties and Coal Royalties, as additional segments.

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