Tuesday, July 19, 2011

Fastest Earnings Growth: Patriot Coal


Last week we started a series on the companies with fastest growing earnings next year. The first article was written about Take Two Interactive (TTWO) that topped the list with earnings expected to grow by roughly 463%. The second fastest grower is Patriot Coal (PCX).
While TTWO doesn't impress us as a stock with sustainable earnings momentum, PCX on the other hand has some growth initiatives combined with expiring legacy contracts that will provide much higher margins once rolled over. In fact, the two coal supply agreements that expire will add a whopping $150M in EBITDA by 2013.


Please read the full article at SeekingAlpha.com. 

Disclosure: Long ANR for client and personal accounts. This information should not be construed as investment. Please review the disclaimer page. 


No comments: