Seeking Alpha

Alliance Resource Partners (ARLP): Q1 EPS of $1.54 misses by $0.05. Revenue of $443.5M (+4.8%...

Alliance Resource Partners (ARLP): Q1 EPS of $1.54 misses by $0.05. Revenue of $443.5M (+4.8% Y/Y) misses by $36M. (PR)

Check out Seeking Alpha’s new Earnings Center »

Comments (1)
  • Balance sheet guru
    , contributor
    Comments (198) | Send Message
     
    Important Note: ARLP announced an increase in the cash distribution for 1Q12 to $1.025 per unit (annualized rate of $4.10 per unit),
    payable on May 15, 2012 to unitholders of record at the close of trading on May 8, 2012. This distribution represents a
    3.5% increase over the $0.99 cash distribution that was paid to unitholders in 4Q11.

     

    ARLP has substantial distirbution coverage to allow growth in the distribution despite slightly missing estimates. A new mine in the Illinois Basin just put online should make up any shortfall over the course of the year.

     

    ARLP has performed well in a slightly stressed coal market which should firm up during the course of the year.
    30 Apr 2012, 09:40 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs