International Coal Group Reports Earnings Up for Third Quarter

Summary


SCOTT DEPOT - International Coal Group is crediting rising shipments of higher-value metallurgical coal for a 33 percent increase in its third-quarter profit.

ICG said Wednesday it earned $24.9 million, or 12 cents per share, in the three-month period that ended Sept. 30. ICG earned $18.7 million, or 12 cents per share, in the same period last year, including a $27 million payment for canceled coal contracts.

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International Coal Group Reports Earnings Up for Third Quarter

Revenue increased t...

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