ANR - negative earnings growth?

Question

One of my recent stock picks is ANR, Alpha Natural Resources. It's a coal company with an edge; they produce a large % of metallurgical coal used to make steel.

Most projections show major growth.

However, Yahoo Finance shows a negative 49% earnings growth estimate.

??

http://img247.imagevenue.com/img.php?image=16445_ANR_-49pct_Earnings_Growth_Est_122_557lo.jpg

Answer 1

Thats not what I see when I go to Yahoo Finance and look at the analysts estimates.  I see strong growth.  The entire sector is taking a huge hit today because of the decision of the Atlanta court to stop a project of Dynergy due to environmental factors.

Here is the current analyst screen from Yahoo

http://finance.yahoo.com/q/ae?s=ANR

Answer 2

Yahoo Finance does not currently show a negative growth estimate.  Today it shows +392.9% for next quarter and +320.4% next year.

http://finance.yahoo.com/q/ae?s=ANR

Perhaps there was a temporary data glitch?

Interesting company, although the estimates show the incredible growth rate is thought to slow considerably after next year...