India, Feb. 28 -- Alpha Metallurgical Resources, Inc. (AMR), a coal mining company, Friday announced that it slid to net loss in the fourth quarter, compared with the previous year.
In the fourth quarter, net loss came in at $2.1 million from a profit of $176 million last year.
Loss per share were $0.16 versus earnings per share of $0.29 in the prior year.
Analysts, on average, had expected the company to report loss of $0.16 per share. Analysts' estimates typically exclude special items.
Adjusted EBITDA fell to $53.2 million from $266.3 million in the previous year's quarter.
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Tons of cold sold in the quarter decreased to 4.1 from 4.6 last year.
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