Walter Energy Earnings Fall on Lower Coking Coal Prices
Bloomberg reported that Walter Energy (NYSE:WLT) Q4 earnings were lower than analyst estimates.
As quoted in the market news:
Net income dropped 8.8 percent to $83.8 million, or $1.34 a share, from $91.9 million, or $1.72, a year earlier, Birmingham, Alabama-based Walter said today in a statement.
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