Arch resources reports fourth quarter 2022 results

Achieves record net income in 2022 of more than $1.3 billion, or $63.88 per diluted share achieves a 13-percent sequential improvement in average metallurgical segment unit cost in q4 declares a quarterly cash dividend of $58.0 million, or $3.11 per share deploys $160.2 million to repurchase 689,593 shares and settle incremental convertible debt st. louis , feb. 16, 2023 /prnewswire/ -- arch resources, inc. (nyse: arch) today reported net income of $470.5 million, or $23.18 per diluted share, in the fourth quarter of 2022, which included an income tax benefit of $253.3 million primarily associated with the release of a valuation allowance on the company's deferred tax assets, compared with net income of $226.6 million, or $11.92 per diluted share, in the prior-year period.
ARCH Ratings Summary
ARCH Quant Ranking