Alpha Natural Resources Q4 Loss Narrows - Quick Facts

(RTTNews) - Alpha Natural Resources Inc. (ANR) reported fourth-quarter net loss of $121.7 million or $0.55 per share, narrower than $358.8 million or $1.62 per share in the comparable quarter last year.

Adjusted net loss for the latest fourth quarter narrowed to $111.6 million or $0.50 per share from $115.2 million or $0.52 per share in the prior year period. Analysts polled by Thomson Reuters expected the company to report a loss of $0.71 per share for the quarter. Analysts' estimates typically exclude special items.

Net revenue for the latest fourth quarter declined to $1.07 billion from $1.09 billion in the year ago quarter, while ten analysts had a consensus revenue estimate of $985.35 million for the quarter.

For 2015, the company expects to ship between 69 and 80 million tons, including 14 to 17 million tons of Eastern metallurgical coal, 19 to 23 million tons of Eastern steam coal, and 36 to 40 million tons of Western steam coal.

Alpha's 2015 guidance for its Eastern adjusted cost of coal sales per ton is $58.00 to $64.00, while Western adjusted cost of coal sales per ton is expected to be between $10.00 and $11.00.  Capital expenditures for 2015 are expected to be $225 million to $275 millioon, while SG&0 guidance, which excludes merger related expenses, is $100 million to $120 million. Depreciation, depletion and amortization for 2015 is expected to be between $650 and $750 million.  We expect 2015 interest expense and cash paid for interest to be between $290 million and $310 million and $245 million and $255 million, respectively.