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Alpha Metallurgical Resources (NYSE:AMR) +12.5% in Monday’s trading to a record high after crushing expectations for Q4 GAAP earnings as coal revenues rose.
Q4 net income nearly doubled to $176M, or $12.88/share, from $93.8M, or $6.65/share, in Q3 but fell from $220.7M, or $13.37/share, for the year-earlier quarter.