Soleno Therapeutics tumbles despite Q3 earnings, revenue beat
Investing.com - Benchmark maintained its Buy rating and $29.00 price target on Alliance Resource Partners (NASDAQ:ARLP) following the company’s third-quarter earnings report. According to InvestingPro data, the company maintains a "GOOD" financial health score, with liquid assets exceeding short-term obligations.
Alliance Resource Partners reported adjusted EBITDA of $186 million for the third quarter, exceeding the consensus estimate of $172 million and Benchmark’s projection of $178 million, primarily due to higher coal revenues. The company’s trailing twelve-month EBITDA stands at $621.7 million, while maintaining an attractive EV/EBITDA ratio of 5.6x.
Management expects fourth-quarter operating and financial results to match third-quarter performance and has updated several of its coal segment guidance ranges accordingly. The company also reported increasing domestic customer engagement on multi-year agreements, with its committed and priced position for 2026 rising by 9% quarter-over-quarter. InvestingPro analysis suggests the stock is currently undervalued, with 8 additional exclusive insights available to subscribers.
The coal producer noted greater demand visibility than it has experienced in years, supported by favorable weather conditions, constructive natural gas pricing, and increasing electricity demand. Management also highlighted robust utility interest in the Department of Energy’s recent $625 million investment commitment to the coal industry, which could help several customers avoid early retirement.
Against this backdrop and with the culmination of investments in its coal segment, Alliance Resource Partners anticipates potential sales growth of approximately 2 million tons year-over-year in 2026, and while pricing may decline annually, the company believes margins could be maintained in 2026 versus 2025.
In other recent news, Alliance Resource Partners LP reported its third-quarter 2025 earnings, exceeding analysts’ expectations. The company achieved an earnings per share (EPS) of $0.73, surpassing the forecasted $0.64, which represents a 14.06% surprise. Additionally, revenue outperformed projections, reaching $571.4 million compared to the anticipated $567.05 million. These results reflect positive developments for the company. Following the earnings announcement, analyst firms have taken note of the company’s performance. While specific upgrades or downgrades were not mentioned, the earnings and revenue figures are significant for investors. This recent performance highlights Alliance Resource’s ability to surpass market predictions.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.