What's Next: Alliance Res Partners's Earnings Preview

Alliance Res Partners (NASDAQ:ARLP) is preparing to release its quarterly earnings on Monday, 2024-10-28. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Alliance Res Partners to report an earnings per share (EPS) of $0.86.

Anticipation surrounds Alliance Res Partners's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings History Snapshot

In the previous earnings release, the company missed EPS by $0.16, leading to a 0.81% drop in the share price the following trading session.

Here's a look at Alliance Res Partners's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.93

0.93

1.14

1.28

EPS Actual

0.77

1.21

0.88

1.18

Price Change %

-1.0%

1.0%

3.0%

-2.0%

Stock Performance

Shares of Alliance Res Partners were trading at $25.5 as of October 24. Over the last 52-week period, shares are up 12.51%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Views on Alliance Res Partners

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Alliance Res Partners.

A total of 1 analyst ratings have been received for Alliance Res Partners, with the consensus rating being Buy. The average one-year price target stands at $26.0, suggesting a potential 1.96% upside.

Understanding ...