Friday, February 1, 2008

Arch Coal Beats Estimates...

Arch Coal beats by $0.09, reports revs in-line; guides FY08 EPS in-line (ACI) 43.95 : Reports Q4 (Dec) earnings of $0.56 per share, $0.09 better than the First Call consensus of $0.47; revenues rose 4.2% year/year to $644.4 mln vs the $641.1 mln consensus.

Co issues in-line guidance for FY08, sees EPS of $2.00-2.50 vs. $2.43 consensus.

The stock is trading up 2.25 to a new 52-week high $46.20

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