Westmoreland Coal Company reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported revenues of $370,683,000 against $349,796,000 a year ago. Operating income was $17,212,000 against loss of $15,307,000 a year ago. Loss before income taxes was $10,385,000 against $43,933,000 a year ago. Net loss attributable to the company was $46,562,000 against $49,134,000 a year ago. Net loss applicable to common shareholders was $8,521,000 or $0.46 per basic and diluted share against $46,562,000 or $2.59 per basic and diluted share a year ago. Adjusted EBITDA was $71,201,000 against $47,966,000 a year ago. EBITDA was $57,858,000 against $22,694,000 a year ago.

For the nine months, the company reported revenues of $1,081,651,000 against $1,070,240,000 a year ago. Operating income was $31,739,000 against loss of $13,716,000 a year ago. Loss before income taxes was $54,509,000 against $86,153,000 a year ago. Net loss attributable to the company was $94,899,000 against $131,318,000 a year ago. Net loss applicable to common shareholders was $3,304,000 or $0.18 per basic and diluted share against $94,899,000 or $5.32 per basic and diluted share a year ago. Adjusted EBITDA was $178,994,000 against $159,275,000 a year ago. EBITDA was $153,312,000 against $111,730,000 a year ago. Net cash provided by operating activities was $84,241,000 against $20,882,000 a year ago. Additions to property, plant and equipment was $30,619,000 against $57,971,000 a year ago. Free cash flow was $56,333,000 compared to negative $20,878,000 a year ago.

The company provided earnings guidance for the full year 2016. For the period, the company now expects adjusted EBITDA of $255 million to $265 million, free cash flow of $75 million to $85 million, capital expenditures of $50 million to $55 million and cash interest of approximately $97 million.

For the fourth quarter, the company expects EBITDA range $76 million to $86 million.