Alliance Resource Partners reports Q2 EPS 46c, consensus 60c

Reports Q2 revenue $547.46M, consensus $583.91M. “All operations performed well during the quarter, with the exception of Tunnel Ridge that continued to experience challenging mining conditions,” commented Joseph Craft III, chairman, president and CEO. “The outlook for Tunnel Ridge has improved following the recent completion of a longwall move. We are now mining in a new district with significantly better conditions, where we expect higher productivity rates and higher in-seam yields going forward. Our updated guidance reflects our expectation that Tunnel Ridge will increase production and achieve lower costs per ton during the second half of 2025.”