The company reported an adjusted loss of 45 cents a share, which surpassed analysts' expectations of 39 cents a share. Arch Coal also noted that it expects to sell between 131.5 million and 142.5 million tons of coal in 2014 compared to the 139.6 million tons it sold in 2013.
Arch Coal said in its statement that rail service disruptions in the fourth-quarter slowed shipments of thermal coal, which generates electricity, from its Powder River Basin mines but did not state what caused those disruptions.
Total sales fell almost 16% in the fourth quarter compared to the third.
Weak thermal coal prices led to Arch Coal's posting a loss in its eighth consecutive quarter. Net loss grew to $371.2 million, or $1.75 a share, from $295.4 million, or $1.39 a share, from the same period one year earlier. Adjusted loss was 45 cents a share. Analysts expected a loss of 39 cents a share, according to Thomson Reuters.
Revenue dropped 17% to $719.4 million, which was below analysts' estimates of $764.44 million.
Arch Coal's stock had fallen 43% in the past 12 months through Monday's close of $4.01.
TheStreet Ratings team rates ARCH COAL INC as a "sell" with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:
"We rate ARCH COAL INC (ACI) a SELL. This is driven by multiple weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally high debt management risk."