Alliance Holdings Earnings: Here’s Why Shares are Up Now
Alliance Holdings GP, L.P. (NASDAQ:AHGP) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 1.43%.
Alliance Holdings GP, L.P. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 21.95% to $1 in the quarter versus EPS of $0.82 in the year-earlier quarter.
Revenue: Rose 23.56% to $547.97 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Alliance Holdings GP, L.P. reported adjusted EPS income of $1 per share. By that measure, the company beat the mean analyst estimate of $0.83. It beat the average revenue estimate of $536.13 million.
Quoting Management: There was no comment from the management.
Key Stats (on next page)…