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February 20, 2014
08:09 EDTWLTWalter Energy reports Q4 EPS ex-charge (55c), consensus (84c)
Reports Q4 revenue $472.0M, consensus $477.4M. Recorded a Q4 $140.2M charge for an increase in the valuation allowance against deferred tax assets. Reports a 13.8% increase in met coal sales volume, more than offset by the impact of lower met coal prices, which declined an average of $14.26 per metric ton compared with the fourth quarter of 2012.
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