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Alliance sets tone for coal earnings reports

Decidedly meek quarterly earnings from one of the USA’s strongest coal producers, Alliance Resource Partners, sets the tone for what observers expect to be an “extremely weak” June quarter for coal producers.

Alliance sets tone for coal earnings reports Alliance sets tone for coal earnings reports Alliance sets tone for coal earnings reports Alliance sets tone for coal earnings reports Alliance sets tone for coal earnings reports

Alliance Resource Partners has kicked off the Q2 earnings season on a weak note

Despite beating average consensus forecasts for an adjusted loss per share of US34c and revenue of $219 million, the respective figures at -37c and $255.